https://www.taxtmi.com/caselaws?id=24285 Payment of advance tax by cheque is treated as made on the date the cheque is tendered and accepted, provided it is later honoured on presentation. Applying that relation-back principle, the advance tax instalment was treated as paid on the date of tender rather than the later date of encashment. On that basis, the assessee was held entitled to interest under section 214 of the Income-tax Act, 1961. en-us Tue, 15 Nov 1988 00:00:00 +0530 Tue, 19 Jan 2010 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24285 Payment of advance tax by cheque is treated as made on the date the cheque is tendered and accepted, provided it is later honoured on presentation. Applying that relation-back principle, the advance tax instalment was treated as paid on the date of tender rather than the later date of encashment. On that basis, the assessee was held entitled to interest under section 214 of the Income-tax Act, 1961. Case-Laws Income Tax Tue, 15 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24285