1984 (8) TMI 18

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Y J.-The following question has been referred under section 256(1) of the Income-tax Act, 1961, by the Income-tax Appellate Tribunal (Bangalore Bench): " Whether, on the facts and in the circumstances of the case, the Tribunal was justified in cancelling the order of the Commissioner of Incometax made under section 263 of the Income-tax Act, 1961 ? " The facts in extenso have been set out in....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....itled to interest under section 214. He was under the impression that the assessee made a belated payment of the advance tax. Before the Tribunal, there was no dispute that the last date for payment of advance tax was March 15, 1970, which was a Sunday and the payment was made by the assessee by cheques on March 16, 1970, which was held to be a valid payment. There is also no dispute that the t....