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2005 (5) TMI 36 - ALLAHABAD HIGH COURTCompanies (Profits) Surtax Act, 1964 - "Whether Tribunal was legally correct in holding that the interest under section 7B of the Companies (Profits) Surtax Act, 1964 was admissible to the assessee, even though, the advance tax of Rs. 18,00,000 due on December 15, 1985, was paid on February 8, 1986, and there is no provision under the said Act entitling the assessee to claim interest where interest (sic) is paid after the statutory date, i.e., December 15, of the relevant previous year though before the March 31, of the relevant previous year?" - hold that the amount of tax paid by way of an advance tax after December 15, 1985 but paid on February 8, 1986, during the financial year has been rightly treated as advance tax and has been taken into consideration for the purposes of granting interest under section 7B - we answer the question referred to us in the affirmative, i.e., in favour of the assessee and against the Revenue
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