https://www.taxtmi.com/caselaws?id=62861 The Tribunal allowed the appeal, directing the department to grant interest under Section 244(1A) to the assessee. It emphasized the binding nature of the jurisdictional High Court's decisions and clarified the application of Sections 244(1A) and 214(2). The Tribunal held that the assessee was entitled to interest on the refund from the date of excess payment to the date of actual refund, following the interpretation that advance tax merges into the tax demand payable by the assessee. en-us Thu, 26 Apr 1990 00:00:00 +0530 Sat, 22 Jan 2011 12:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62861 The Tribunal allowed the appeal, directing the department to grant interest under Section 244(1A) to the assessee. It emphasized the binding nature of the jurisdictional High Court's decisions and clarified the application of Sections 244(1A) and 214(2). The Tribunal held that the assessee was entitled to interest on the refund from the date of excess payment to the date of actual refund, following the interpretation that advance tax merges into the tax demand payable by the assessee. Case-Laws Income Tax Thu, 26 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62861