https://www.taxtmi.com/caselaws?id=241800 The case addressed the entitlement to interest on the refund of TDS amounts, focusing on delays in rectifying TDS certificate defects. The Tribunal ruled in favor of the assessee, stating that interest should be paid on the excess amount held by the revenue, not for delays caused by the assessee. The decision aligned with precedents from the Bombay and Punjab & Haryana High Courts, affirming the assessee's right to interest despite certificate rectification delays. The appeal was dismissed, confirming the assessee's entitlement to interest on TDS refunds. en-us Wed, 04 Dec 2013 00:00:00 +0530 Wed, 01 Jan 2014 13:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241800 The case addressed the entitlement to interest on the refund of TDS amounts, focusing on delays in rectifying TDS certificate defects. The Tribunal ruled in favor of the assessee, stating that interest should be paid on the excess amount held by the revenue, not for delays caused by the assessee. The decision aligned with precedents from the Bombay and Punjab & Haryana High Courts, affirming the assessee's right to interest despite certificate rectification delays. The appeal was dismissed, confirming the assessee's entitlement to interest on TDS refunds. Case-Laws Income Tax Wed, 04 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241800