https://www.taxtmi.com/caselaws?id=38074 The court found that the Commissioner of Income-tax erred in not giving credit for the amounts paid before the first day of April next following the financial year. The orders rejecting the revision petitions were quashed, and the respondents were directed to calculate interest u/s 217(1A) for the assessment years 1970-71 and 1971-72 in accordance with the court's interpretation. The Special Civil Application was allowed, and the respondents were directed not to enforce the demand notices contrary to the provisions of law as explained. en-us Wed, 22 Feb 1978 00:00:00 +0530 Sat, 03 Apr 2010 10:31:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38074 The court found that the Commissioner of Income-tax erred in not giving credit for the amounts paid before the first day of April next following the financial year. The orders rejecting the revision petitions were quashed, and the respondents were directed to calculate interest u/s 217(1A) for the assessment years 1970-71 and 1971-72 in accordance with the court's interpretation. The Special Civil Application was allowed, and the respondents were directed not to enforce the demand notices contrary to the provisions of law as explained. Case-Laws Income Tax Wed, 22 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38074