https://www.taxtmi.com/caselaws?id=234216 The court held that the petitioner is entitled to interest on the refund amount from the date of actual deposit to the date of actual refund. The Department's interpretation of the Explanation to Section 244A was rejected, and the court directed the Department to pay the interest within one month. Additionally, the court awarded Rs. 5,000 towards the petitioner's costs and left the issue of interest on interest open for the Department's consideration. en-us Thu, 31 May 2012 00:00:00 +0530 Mon, 03 Jun 2013 09:04:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234216 The court held that the petitioner is entitled to interest on the refund amount from the date of actual deposit to the date of actual refund. The Department's interpretation of the Explanation to Section 244A was rejected, and the court directed the Department to pay the interest within one month. Additionally, the court awarded Rs. 5,000 towards the petitioner's costs and left the issue of interest on interest open for the Department's consideration. Case-Laws Income Tax Thu, 31 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234216