https://www.taxtmi.com/caselaws?id=59269 Cheque tendered at the Income-tax Department counter and later honoured was treated as advance tax from the date of delivery of the cheque, giving the assessee credit from that date and entitlement to interest under section 214 on the refundable amount. The non-grant of such interest was held to be a mistake apparent from the record because the issue was settled by binding and consistent judicial authority, so rectification under section 154 was available. The refusal to rectify was therefore unsustainable, and the claim for interest was rightly allowed. en-us Fri, 21 Jan 1983 00:00:00 +0530 Mon, 27 Dec 2010 15:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59269 Cheque tendered at the Income-tax Department counter and later honoured was treated as advance tax from the date of delivery of the cheque, giving the assessee credit from that date and entitlement to interest under section 214 on the refundable amount. The non-grant of such interest was held to be a mistake apparent from the record because the issue was settled by binding and consistent judicial authority, so rectification under section 154 was available. The refusal to rectify was therefore unsustainable, and the claim for interest was rightly allowed. Case-Laws Income Tax Fri, 21 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59269