https://www.taxtmi.com/caselaws?id=21410 The court clarified that interest charged for non-filing of advance tax statements should be under section 217(1A) and not section 217(1)(a). As the assessee had filed estimates, satisfying the provisions, no interest could be levied under section 217. The court ruled in favor of the assessee, emphasizing the correct application of the Income-tax Act's provisions and the necessity to align interest charges with legislative requirements. en-us Wed, 10 Jul 1991 00:00:00 +0530 Tue, 24 Nov 2009 11:48:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21410 The court clarified that interest charged for non-filing of advance tax statements should be under section 217(1A) and not section 217(1)(a). As the assessee had filed estimates, satisfying the provisions, no interest could be levied under section 217. The court ruled in favor of the assessee, emphasizing the correct application of the Income-tax Act's provisions and the necessity to align interest charges with legislative requirements. Case-Laws Income Tax Wed, 10 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21410