https://www.taxtmi.com/caselaws?id=202465 The High Court of Bombay dismissed the appeal challenging the Tribunal's directive to the Assessing Officer to grant interest under section 244A of the Income-tax Act, 1961. The case highlighted that the absence of TDS certificates with the return should not lead to the denial of interest if taxes were deducted and deposited correctly. The court emphasized the importance of timely tax compliance and clarified that delays in refund proceedings not caused by the assessee do not trigger the application of section 244A(2), ensuring an equitable application of tax laws. en-us Mon, 21 Jun 2010 00:00:00 +0530 Wed, 26 Dec 2012 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202465 The High Court of Bombay dismissed the appeal challenging the Tribunal's directive to the Assessing Officer to grant interest under section 244A of the Income-tax Act, 1961. The case highlighted that the absence of TDS certificates with the return should not lead to the denial of interest if taxes were deducted and deposited correctly. The court emphasized the importance of timely tax compliance and clarified that delays in refund proceedings not caused by the assessee do not trigger the application of section 244A(2), ensuring an equitable application of tax laws. Case-Laws Income Tax Mon, 21 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202465