https://www.taxtmi.com/caselaws?id=19419 The High Court upheld the Appellate Tribunal's decision, ruling in favor of the assessee regarding entitlement to interest under section 214 of the Income-tax Act for the advance tax payment made on March 20, 1972. The Court emphasized that payments made within the financial year should be considered for interest calculation under section 214, regardless of the exact due date, aligning with the legislative intent behind the provision. en-us Tue, 05 Apr 1994 00:00:00 +0530 Fri, 06 Nov 2009 11:00:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19419 The High Court upheld the Appellate Tribunal's decision, ruling in favor of the assessee regarding entitlement to interest under section 214 of the Income-tax Act for the advance tax payment made on March 20, 1972. The Court emphasized that payments made within the financial year should be considered for interest calculation under section 214, regardless of the exact due date, aligning with the legislative intent behind the provision. Case-Laws Income Tax Tue, 05 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19419