1986 (4) TMI 100 - AT - Income Tax

Summary

The Department challenged the CIT (A) order under section 214 of the IT Act regarding advance-tax payment. The assessee revised the income estimate and paid advance tax, claiming interest under section 214. The CIT (A) allowed the claim based on previous decisions. The Department's appeal was dismissed as the CIT (A) decision was supported by previous court rulings.