https://www.taxtmi.com/caselaws?id=256152 The Tribunal allowed the appeals of the assessee for various assessment years, directing the Assessing Officer to recalculate interest under Section 244A without reducing the interest from the refund due. The Tribunal found the AO's method of reducing total refund, including interest under Section 244A, from the tax refund to be incorrect, leading to a lower interest amount for the assessee. The CIT(A)'s decision was set aside for lack of assessing the correctness of the AO's method, emphasizing the erroneous calculation that resulted in a decreased entitlement for the assessee. en-us Wed, 31 Dec 2014 00:00:00 +0530 Thu, 05 Feb 2015 05:54:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256152 The Tribunal allowed the appeals of the assessee for various assessment years, directing the Assessing Officer to recalculate interest under Section 244A without reducing the interest from the refund due. The Tribunal found the AO's method of reducing total refund, including interest under Section 244A, from the tax refund to be incorrect, leading to a lower interest amount for the assessee. The CIT(A)'s decision was set aside for lack of assessing the correctness of the AO's method, emphasizing the erroneous calculation that resulted in a decreased entitlement for the assessee. Case-Laws Income Tax Wed, 31 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256152