1980 (9) TMI 77 - HC - Income Tax

Summary

The High Court of Madras delivered a judgment regarding advance tax payment. The assessee paid Rs. 4,30,500 as advance tax by cheque on December 14, 1973, before the due date of December 15, 1973. Sufficient funds were available in the assessee's account on the payment date. The court found that the delay, if any, was due to the officials not cashing the cheque promptly. The court agreed with the Tribunal that no legal question arose from the order. The petition was dismissed with costs of Counsel fee Rs. 250.