https://www.taxtmi.com/caselaws?id=14522 For interest under section 217(1A) of the Income-tax Act, advance tax paid before the close of the assessment year had to be credited even if the estimate of current income under section 212(3A) was filed late. The Delhi HC held that delayed filing of the estimate did not deprive the assessee of credit for a payment made before the relevant cut-off date. Applying the earlier view in similar cases, the court answered the reference in favour of the assessee and against the Revenue. en-us Wed, 10 Jan 2001 00:00:00 +0530 Fri, 17 Jul 2009 10:12:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14522 For interest under section 217(1A) of the Income-tax Act, advance tax paid before the close of the assessment year had to be credited even if the estimate of current income under section 212(3A) was filed late. The Delhi HC held that delayed filing of the estimate did not deprive the assessee of credit for a payment made before the relevant cut-off date. Applying the earlier view in similar cases, the court answered the reference in favour of the assessee and against the Revenue. Case-Laws Income Tax Wed, 10 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14522