https://www.taxtmi.com/caselaws?id=37146 The High Court of Andhra Pradesh ruled that interest is not payable to the assessee on excess amounts paid after the due dates fixed under section 211 of the Income Tax Act. The court held that interest under section 214 is only claimable if the assessee complies with section 211 requirements, emphasizing timely instalment payments to avoid being deemed in default. The court rejected the petitioner's claim for interest, stating that once default occurs, interest on excess tax paid is not applicable. The court also dismissed the petitioner's claim under section 243, clarifying that interest under section 214 does not constitute a tax refund. The writ petition was ultimately dismissed, with each party bearing their own costs. en-us Tue, 06 Mar 1979 00:00:00 +0530 Fri, 26 Mar 2010 17:16:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37146 The High Court of Andhra Pradesh ruled that interest is not payable to the assessee on excess amounts paid after the due dates fixed under section 211 of the Income Tax Act. The court held that interest under section 214 is only claimable if the assessee complies with section 211 requirements, emphasizing timely instalment payments to avoid being deemed in default. The court rejected the petitioner's claim for interest, stating that once default occurs, interest on excess tax paid is not applicable. The court also dismissed the petitioner's claim under section 243, clarifying that interest under section 214 does not constitute a tax refund. The writ petition was ultimately dismissed, with each party bearing their own costs. Case-Laws Income Tax Tue, 06 Mar 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37146