https://www.taxtmi.com/caselaws?id=7817 Interest on estate duty under section 70 of the Estate Duty Act, 1953 is not automatically chargeable. The provision applies only where the Controller is satisfied that the duty cannot be raised at once without excessive sacrifice and makes an order permitting postponement on terms. In the absence of such an order, no statutory liability to interest arises merely on assessment or by operation of law. A later demand for interest, raised after the duty had already been paid, could not be sustained, and departmental correspondence warning of interest did not create liability or estop the taxpayer against the statute. en-us Mon, 23 Feb 1970 00:00:00 +0530 Thu, 19 Mar 2009 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7817 Interest on estate duty under section 70 of the Estate Duty Act, 1953 is not automatically chargeable. The provision applies only where the Controller is satisfied that the duty cannot be raised at once without excessive sacrifice and makes an order permitting postponement on terms. In the absence of such an order, no statutory liability to interest arises merely on assessment or by operation of law. A later demand for interest, raised after the duty had already been paid, could not be sustained, and departmental correspondence warning of interest did not create liability or estop the taxpayer against the statute. Case-Laws Income Tax Mon, 23 Feb 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7817