https://www.taxtmi.com/caselaws?id=57770 Where tax is paid under section 140A before determination of income under section 143(1)(a) or completion of regular assessment, interest under section 234B must be computed only up to the date of such payment and reduced by any interest already paid under section 140A. Charging interest beyond that period is a mistake apparent from the record and can be rectified under section 154. The assessee's returned income was ultimately accepted without addition, so the incorrect interest computation was held amendable by rectification, and the appeal was allowed. en-us Fri, 30 Mar 2001 00:00:00 +0530 Fri, 22 Jun 2012 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57770 Where tax is paid under section 140A before determination of income under section 143(1)(a) or completion of regular assessment, interest under section 234B must be computed only up to the date of such payment and reduced by any interest already paid under section 140A. Charging interest beyond that period is a mistake apparent from the record and can be rectified under section 154. The assessee's returned income was ultimately accepted without addition, so the incorrect interest computation was held amendable by rectification, and the appeal was allowed. Case-Laws Income Tax Fri, 30 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57770