https://www.taxtmi.com/caselaws?id=256675 The court held that interest under section 214 for payments made after due dates but within the financial year was debatable and not rectifiable under section 154. Citing precedents, the court ruled in favor of the Revenue, denying the assessee's claim for interest. The court emphasized that section 154 only allows rectification of apparent mistakes, not debatable issues. The decision aligned with previous judgments, concluding that the assessee was not entitled to interest under section 214 due to the debatable nature of the issue. en-us Wed, 26 Mar 2014 00:00:00 +0530 Wed, 18 Feb 2015 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256675 The court held that interest under section 214 for payments made after due dates but within the financial year was debatable and not rectifiable under section 154. Citing precedents, the court ruled in favor of the Revenue, denying the assessee's claim for interest. The court emphasized that section 154 only allows rectification of apparent mistakes, not debatable issues. The decision aligned with previous judgments, concluding that the assessee was not entitled to interest under section 214 due to the debatable nature of the issue. Case-Laws Income Tax Wed, 26 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256675