https://www.taxtmi.com/caselaws?id=18736 The court held that the petitioner, a government company, was not entitled to claim interest on the refundable amount of advance tax beyond the date of the first regular assessment order under sections 143 or 144 of the Income-tax Act, 1961. The court dismissed the writ application without costs, aligning with the Supreme Court's interpretation that interest under section 214 is payable from the first day of April of the relevant assessment year to the date of the first assessment order, unaffected by subsequent recomputations of tax liability. en-us Thu, 21 Dec 1995 00:00:00 +0530 Sat, 31 Oct 2009 16:50:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18736 The court held that the petitioner, a government company, was not entitled to claim interest on the refundable amount of advance tax beyond the date of the first regular assessment order under sections 143 or 144 of the Income-tax Act, 1961. The court dismissed the writ application without costs, aligning with the Supreme Court's interpretation that interest under section 214 is payable from the first day of April of the relevant assessment year to the date of the first assessment order, unaffected by subsequent recomputations of tax liability. Case-Laws Income Tax Thu, 21 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18736