https://www.taxtmi.com/caselaws?id=55896 The Tribunal denied the assessee's claim for interest under s. 244(1A) but directed the ITO to grant interest under s. 214 for payments made under s. 140A and advance-tax payment. The decision was based on the interpretation of relevant provisions and precedents, following the Gujarat High Court ruling that s. 244(1A) did not apply to advance tax payments. The Tribunal acknowledged conflicting decisions but ultimately sided with the Gujarat High Court, allowing the Revenue's appeals and instructing the grant of interest under s. 214 of the Act. en-us Tue, 14 Oct 1986 00:00:00 +0530 Tue, 30 Nov 2010 15:40:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55896 The Tribunal denied the assessee's claim for interest under s. 244(1A) but directed the ITO to grant interest under s. 214 for payments made under s. 140A and advance-tax payment. The decision was based on the interpretation of relevant provisions and precedents, following the Gujarat High Court ruling that s. 244(1A) did not apply to advance tax payments. The Tribunal acknowledged conflicting decisions but ultimately sided with the Gujarat High Court, allowing the Revenue's appeals and instructing the grant of interest under s. 214 of the Act. Case-Laws Income Tax Tue, 14 Oct 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55896