https://www.taxtmi.com/caselaws?id=233436 The High Court affirmed the entitlement to interest under Section 244A for the assessment year 2001-2002, rejecting the Revenue's appeal. The court held that the refund was not solely due to MAT credit but also excess TDS payment, allowing the assessee to receive interest. The Tribunal's focus on MAT credit adjustment rather than interest did not affect the outcome. The appeal was dismissed without costs, upholding the direction to grant interest under Section 244A without remitting the matter back to the Tribunal. en-us Wed, 17 Apr 2013 00:00:00 +0530 Sat, 07 Dec 2013 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233436 The High Court affirmed the entitlement to interest under Section 244A for the assessment year 2001-2002, rejecting the Revenue's appeal. The court held that the refund was not solely due to MAT credit but also excess TDS payment, allowing the assessee to receive interest. The Tribunal's focus on MAT credit adjustment rather than interest did not affect the outcome. The appeal was dismissed without costs, upholding the direction to grant interest under Section 244A without remitting the matter back to the Tribunal. Case-Laws Income Tax Wed, 17 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233436