https://www.taxtmi.com/caselaws?id=60039 The tribunal held that the subsequent payment of Rs. 6,93,000 made by the assessee did not qualify as advance tax payment under section 209A of the Income-tax Act, 1961. As the payment was not in accordance with the estimate filed and no revised estimate was submitted, it was deemed ineligible for interest under section 214. The tribunal overturned the decision of the Commissioner (Appeals) and upheld that of the ITO, emphasizing the requirement for payments to align with filed estimates to be considered advance tax. en-us Fri, 11 Nov 1983 00:00:00 +0530 Mon, 03 Jan 2011 14:39:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60039 The tribunal held that the subsequent payment of Rs. 6,93,000 made by the assessee did not qualify as advance tax payment under section 209A of the Income-tax Act, 1961. As the payment was not in accordance with the estimate filed and no revised estimate was submitted, it was deemed ineligible for interest under section 214. The tribunal overturned the decision of the Commissioner (Appeals) and upheld that of the ITO, emphasizing the requirement for payments to align with filed estimates to be considered advance tax. Case-Laws Income Tax Fri, 11 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60039