https://www.taxtmi.com/caselaws?id=361874 The case revolved around whether the Commissioner (Appeals) complied with a Supreme Court order regarding the assessment of advance tax payment by the assessee. The Commissioner determined that there was no shortfall in advance tax payment despite a retrospective amendment increasing tax liability. Consequently, no penalty or interest was imposed on the assessee as the payment was deemed compliant with the law in effect at the time. The judgment upheld the Commissioner's assessment, dismissing the appeal and affirming no fault on the Commissioner's part or error by the Appellate Tribunal. en-us Tue, 12 Jun 2018 00:00:00 +0530 Mon, 05 Oct 2020 08:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361874 The case revolved around whether the Commissioner (Appeals) complied with a Supreme Court order regarding the assessment of advance tax payment by the assessee. The Commissioner determined that there was no shortfall in advance tax payment despite a retrospective amendment increasing tax liability. Consequently, no penalty or interest was imposed on the assessee as the payment was deemed compliant with the law in effect at the time. The judgment upheld the Commissioner's assessment, dismissing the appeal and affirming no fault on the Commissioner's part or error by the Appellate Tribunal. Case-Laws Income Tax Tue, 12 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361874