https://www.taxtmi.com/caselaws?id=36016 The court held that the petitioners' claim for interest on the refunded advance tax was governed by Section 244 read with Section 240, not Section 214. The term "regular assessment" in Section 214 was interpreted to mean the initial assessment under Section 143 or Section 144, excluding consequential orders from appellate decisions. The court dismissed the writ petitions, upholding the Commissioner's decision and directing parties to bear their own costs. en-us Wed, 21 Feb 1979 00:00:00 +0530 Thu, 18 Mar 2010 18:31:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36016 The court held that the petitioners' claim for interest on the refunded advance tax was governed by Section 244 read with Section 240, not Section 214. The term "regular assessment" in Section 214 was interpreted to mean the initial assessment under Section 143 or Section 144, excluding consequential orders from appellate decisions. The court dismissed the writ petitions, upholding the Commissioner's decision and directing parties to bear their own costs. Case-Laws Income Tax Wed, 21 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36016