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2004 (3) TMI 15 - PATNA HIGH COURTInterest on amount which was deposited by the petitioner towards advance tax, in respect of the agricultural income-tax - case of the petitioner is that as the amount was deposited on the oral direction made by the authority of the Department, it is entitled to interest on the said amount - whether the petitioner is entitled to any interest on the amount, which remained with the State Government - Admittedly, in this case, when the Act was repealed, the amount was deposited and as such the said deposit was not made under the provisions of the Act – Held that in this case instead of allowing an interest at a particular percentage, a lump sum amount of Rs. 50,000 should be paid to the petitioner towards interest so as to bring an old matter to an end.
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