https://www.taxtmi.com/caselaws?id=19838 The court ruled in favor of the petitioner, directing the respondents to pay interest at a simple rate of 15% per annum from April 1, 1988, until payment on the refundable sum exceeding Rs. 26 lakhs. The judgment emphasized the parity between advance tax and tax deducted at source, ensuring equitable treatment for taxpayers. en-us Fri, 14 Jan 1994 00:00:00 +0530 Tue, 10 Nov 2009 11:38:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19838 The court ruled in favor of the petitioner, directing the respondents to pay interest at a simple rate of 15% per annum from April 1, 1988, until payment on the refundable sum exceeding Rs. 26 lakhs. The judgment emphasized the parity between advance tax and tax deducted at source, ensuring equitable treatment for taxpayers. Case-Laws Income Tax Fri, 14 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19838