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of <h1>Assessee's Appeal Dismissed: Interest under s. 244(1A) on Tax & Penalty, Not on Refund</h1> <h3>MERCK SHARP & DOHME OF INDIA LTD. Versus SECOND INCOME TAX OFFICER.</h3> MERCK SHARP & DOHME OF INDIA LTD. Versus SECOND INCOME TAX OFFICER. - TTJ 038, 163, The assessee appealed against the order of CIT(A) for asst. yr. 1979-80 regarding interest under s. 244(1A) on a refund amount of Rs. 52,680. The Tribunal held that interest under s. 244(1A) can only be allowed on payment of tax and penalty, not on the refund of interest charged under s. 216. The appeal was dismissed.
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