https://www.taxtmi.com/caselaws?id=780518 Administrative circulars are not binding on courts; statutory text governs interest liability. A charging provision creates interest liability where a demand notice requires payment and payment is not made within the notice period, so interest runs from the day after the expiry of the prescribed period in the operative demand notice. An earlier demand that was rendered ineffective by an appellate allowance and refund cannot anchor interest after that allowance; a subsequent demand to give effect to a later appellate outcome starts the one month period afresh. Result: interest was payable from 07.10.1998 until payment. en-us Mon, 27 Oct 2025 00:00:00 +0530 Tue, 10 Feb 2026 11:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780518 Administrative circulars are not binding on courts; statutory text governs interest liability. A charging provision creates interest liability where a demand notice requires payment and payment is not made within the notice period, so interest runs from the day after the expiry of the prescribed period in the operative demand notice. An earlier demand that was rendered ineffective by an appellate allowance and refund cannot anchor interest after that allowance; a subsequent demand to give effect to a later appellate outcome starts the one month period afresh. Result: interest was payable from 07.10.1998 until payment. Case-Laws Income Tax Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780518