https://www.taxtmi.com/caselaws?id=214325 The Tribunal upheld the allowance of interest u/s.244A on self-assessment tax refund, citing precedents from various High Courts and the Mumbai Bench of Tribunal. It ruled against the Revenue's appeal, finding the decision in line with previous rulings. Additionally, the Tribunal decided that no interest could be charged u/s.234D for A.Y. 2001-02 based on a Special Bench decision, dismissing the Revenue's appeal on this issue. Regarding the claim of interest on interest u/s.244A for delayed refund, the Tribunal partially allowed the assessee's appeal, directing the AO to allow interest on interest in line with the Supreme Court's decision in Sandvik Asia Ltd. vs. CIT. en-us Tue, 31 Jan 2012 00:00:00 +0530 Wed, 27 Jun 2012 08:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214325 The Tribunal upheld the allowance of interest u/s.244A on self-assessment tax refund, citing precedents from various High Courts and the Mumbai Bench of Tribunal. It ruled against the Revenue's appeal, finding the decision in line with previous rulings. Additionally, the Tribunal decided that no interest could be charged u/s.234D for A.Y. 2001-02 based on a Special Bench decision, dismissing the Revenue's appeal on this issue. Regarding the claim of interest on interest u/s.244A for delayed refund, the Tribunal partially allowed the assessee's appeal, directing the AO to allow interest on interest in line with the Supreme Court's decision in Sandvik Asia Ltd. vs. CIT. Case-Laws Income Tax Tue, 31 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214325