https://www.taxtmi.com/caselaws?id=22596 The High Court of Kerala upheld the dismissal of a petition challenging the denial of interest on advance tax paid by a public limited company. The court, following the Full Bench decision in CIT v. G. B. Transports, held that interest is payable only up to the date of the original assessment, not the revised assessment order. The appellant's claim for interest beyond the initial assessment date was rejected, citing the binding precedent on the interpretation of "regular assessment." The court affirmed the decision to dismiss the petition, ruling that the order in question was not subject to annulment or quashing. en-us Fri, 02 Nov 1990 00:00:00 +0530 Fri, 11 Dec 2009 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22596 The High Court of Kerala upheld the dismissal of a petition challenging the denial of interest on advance tax paid by a public limited company. The court, following the Full Bench decision in CIT v. G. B. Transports, held that interest is payable only up to the date of the original assessment, not the revised assessment order. The appellant's claim for interest beyond the initial assessment date was rejected, citing the binding precedent on the interpretation of "regular assessment." The court affirmed the decision to dismiss the petition, ruling that the order in question was not subject to annulment or quashing. Case-Laws Income Tax Fri, 02 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22596