https://www.taxtmi.com/caselaws?id=382482 The tribunal allowed the appeal of the assessee, holding that for the purpose of computing interest under Section 201(1A) of the Income Tax Act, the term "month" should be interpreted as a period of 30 days and not a British calendar month. The tribunal directed the Assessing Officer to recompute the interest payable by the assessee based on this interpretation. en-us Mon, 01 Jul 2019 00:00:00 +0530 Thu, 04 Jul 2019 19:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382482 The tribunal allowed the appeal of the assessee, holding that for the purpose of computing interest under Section 201(1A) of the Income Tax Act, the term "month" should be interpreted as a period of 30 days and not a British calendar month. The tribunal directed the Assessing Officer to recompute the interest payable by the assessee based on this interpretation. Case-Laws Income Tax Mon, 01 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382482