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of <h1>Appeal Allowed: Interest on Refund Permitted</h1> <h3>Uni-Sankyo Ltd. Versus Deputy Commissioner of Income-tax</h3> The Tribunal allowed the appeal, stating that interest is allowed on the refund of interest under section 244(1A) as per the decision of the Madras High ... Refunds The appeal was about interest under section 244(1A) on a refund of interest levied under section 217. The assessee argued for interest under section 244(1A) on the refund, citing relevant court cases. The Tribunal allowed the appeal, stating that interest is allowed on the refund of interest as per the decision of the Madras High Court.
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