1977 (4) TMI 85

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..... ting the ITO to withdraw the interest of Rs. 2,091 granted to the assessee. 2. The learned counsel for the assessee submitted that the cheques have been presented in the ITO within time and the dates on which the cheques were presented in the ITO should be the taken on the dates and payment. He urged that the CIT was not justified in holding that the date of presentation of the cheque cannot be .....

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..... ineers (P) Ltd. Poona vs. ITO, Company. Cir. I, Poona (ITA No. 850 of 1974-75) on which reliance was placed by the Department has no application to the fact of the instant case. In that case the assessee filed revised estimated income on 15th Dec., 1973. Hence CIT had held in his order under s. 263 that the revised estimate had been filed late and the payment of the tax made pursuant to such an in .....

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