https://www.taxtmi.com/caselaws?id=66847 Interest on refund under section 243 was held to run from the rectification order under section 154, because a rectification modifying the assessment is part of the assessment proceedings and determines income afresh to the extent of the correction. Refund arising from such rectification becomes due only on the rectification order, so delay in granting refund cannot be counted from the original assessment once the assessment has been amended. The claim for interest on the basis of delay from the original assessment was therefore rejected. en-us Tue, 23 Jul 1985 00:00:00 +0530 Mon, 07 Mar 2011 17:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66847 Interest on refund under section 243 was held to run from the rectification order under section 154, because a rectification modifying the assessment is part of the assessment proceedings and determines income afresh to the extent of the correction. Refund arising from such rectification becomes due only on the rectification order, so delay in granting refund cannot be counted from the original assessment once the assessment has been amended. The claim for interest on the basis of delay from the original assessment was therefore rejected. Case-Laws Income Tax Tue, 23 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66847