Section 26C in The Bengal Agricultural Income-Tax Act, 1944
26C. [ Payment of interest. - [Sections 26C to 26G added by W.B. Act 15 of 1983.]
The State Government shall pay a simple interest at the rate of two per centum for each English calendar month on the amount by which the aggregate sum of instalments of advance tax paid during any financial year in which they are payable under section 26A or section 26B exceeds the amount of the tax determined on regular assessment under section 25 from the first day of the month next after the expiry of three months from the date of such regular assessment up to the month preceding the month in which the refund of the excess amount is made].
