https://www.taxtmi.com/caselaws?id=37046 The court upheld the Commissioner of Income-tax's decision to reject the petitioner's claim for interest under section 214 of the Income Tax Act due to the late payment of the third installment of advance tax. The court ruled that interest is only payable by the Government on advance tax paid in excess of the tax determined on regular assessment if the advance tax was paid on time as specified in section 211. As the petitioner paid the third installment after the due date, the court held that the Government was not obligated to pay interest, ultimately dismissing the petitioner's challenge against the Commissioner's order. en-us Fri, 11 Jan 1980 00:00:00 +0530 Fri, 26 Mar 2010 11:21:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37046 The court upheld the Commissioner of Income-tax's decision to reject the petitioner's claim for interest under section 214 of the Income Tax Act due to the late payment of the third installment of advance tax. The court ruled that interest is only payable by the Government on advance tax paid in excess of the tax determined on regular assessment if the advance tax was paid on time as specified in section 211. As the petitioner paid the third installment after the due date, the court held that the Government was not obligated to pay interest, ultimately dismissing the petitioner's challenge against the Commissioner's order. Case-Laws Income Tax Fri, 11 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37046