https://www.taxtmi.com/caselaws?id=22027 The Appellate Tribunal ruled in favor of the assessee, holding that the Revenue could not retroactively invalidate the advance tax payment previously accepted and credited, even if made after the due date. The judgment emphasized the importance of consistent treatment of advance tax payments and highlighted that rectification under section 154 was not applicable in cases involving debatable interpretations of tax treatment. en-us Wed, 10 Apr 1991 00:00:00 +0530 Sat, 05 Dec 2009 15:52:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22027 The Appellate Tribunal ruled in favor of the assessee, holding that the Revenue could not retroactively invalidate the advance tax payment previously accepted and credited, even if made after the due date. The judgment emphasized the importance of consistent treatment of advance tax payments and highlighted that rectification under section 154 was not applicable in cases involving debatable interpretations of tax treatment. Case-Laws Income Tax Wed, 10 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22027