https://www.taxtmi.com/caselaws?id=67949 Interest on income-tax refund was claimed under sections 214 and 244(1A) after assessment additions were deleted in appeal, restoring the assessee's entitlement to the original refund. The Tribunal followed its earlier decision on identical facts and accepted that the statutory interest was legally payable. Refusal to grant the interest was therefore not sustained, and the assessee's claim succeeded. The text also indicates that correction under section 154 was sought in relation to the non-grant of interest, but the decisive point was that the refund interest itself was due on the facts. en-us Thu, 27 Nov 1986 00:00:00 +0530 Tue, 15 Mar 2011 18:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67949 Interest on income-tax refund was claimed under sections 214 and 244(1A) after assessment additions were deleted in appeal, restoring the assessee's entitlement to the original refund. The Tribunal followed its earlier decision on identical facts and accepted that the statutory interest was legally payable. Refusal to grant the interest was therefore not sustained, and the assessee's claim succeeded. The text also indicates that correction under section 154 was sought in relation to the non-grant of interest, but the decisive point was that the refund interest itself was due on the facts. Case-Laws Income Tax Thu, 27 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67949