https://www.taxtmi.com/caselaws?id=26854 The High Court held that the appeal against the levy of interest under section 217(1A) of the Income-tax Act, 1961 was maintainable, following a previous court decision. Additionally, the Court ruled in favor of the assessee regarding the liability to pay interest under section 217(1A) when estimate filing and advance tax payment were delayed. The Court emphasized that timely tax payments should be considered in interest calculations, ultimately upholding the Tribunal's decision against the Revenue. en-us Wed, 19 Dec 1984 00:00:00 +0530 Mon, 08 Feb 2010 18:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26854 The High Court held that the appeal against the levy of interest under section 217(1A) of the Income-tax Act, 1961 was maintainable, following a previous court decision. Additionally, the Court ruled in favor of the assessee regarding the liability to pay interest under section 217(1A) when estimate filing and advance tax payment were delayed. The Court emphasized that timely tax payments should be considered in interest calculations, ultimately upholding the Tribunal's decision against the Revenue. Case-Laws Income Tax Wed, 19 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26854