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Payment of interest u/s 214, Income Tax Act, 1961.
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.... as a result of rectification orders under section 154. 2. Section 214 of the Income-tax Act, 1961 provides for payment of interest on the difference between the advance-tax and the amount of tax determined on regular assessment from the first day of April next following the said financial year to the date of regular assessment. 3. Interest under section 214 is, therefore, to be paid upto the da....