https://www.taxtmi.com/caselaws?id=166399 Interest on delayed tax payment is generally compensatory and follows default, but where the court had earlier permitted the admitted sales tax liability to be paid in instalments and that order had attained finality, interest under section 24(3) of the Tamil Nadu General Sales Tax Act, 1959 could not be demanded merely because the tax was discharged under that judicially sanctioned instalment arrangement. In these peculiar facts, the interest levy was unsustainable and was set aside, as the payment was made in the manner directed in the earlier proceedings. en-us Wed, 02 Feb 2011 00:00:00 +0530 Tue, 23 Sep 2014 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166399 Interest on delayed tax payment is generally compensatory and follows default, but where the court had earlier permitted the admitted sales tax liability to be paid in instalments and that order had attained finality, interest under section 24(3) of the Tamil Nadu General Sales Tax Act, 1959 could not be demanded merely because the tax was discharged under that judicially sanctioned instalment arrangement. In these peculiar facts, the interest levy was unsustainable and was set aside, as the payment was made in the manner directed in the earlier proceedings. Case-Laws VAT and Sales Tax Wed, 02 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166399