https://www.taxtmi.com/caselaws?id=257174 The court held that interest under Section 244A on excess self-assessment tax paid is only payable if the excess payment was made pursuant to a demand notice under Section 156. As the assessee's excess payment was voluntary and not due to a demand notice, it did not qualify for interest under Section 244A(1)(b). The appeal was allowed in favor of the Revenue, setting aside the ITAT's order directing the AO to pay interest on the refunded amount. Additionally, the court did not entertain the appeal on the deletion of the amount added by the AO under Section 14A read with Rule 8D, following the precedent set in Maxopp Investment Ltd. v. CIT. en-us Thu, 26 Feb 2015 00:00:00 +0530 Wed, 12 Aug 2015 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257174 The court held that interest under Section 244A on excess self-assessment tax paid is only payable if the excess payment was made pursuant to a demand notice under Section 156. As the assessee's excess payment was voluntary and not due to a demand notice, it did not qualify for interest under Section 244A(1)(b). The appeal was allowed in favor of the Revenue, setting aside the ITAT's order directing the AO to pay interest on the refunded amount. Additionally, the court did not entertain the appeal on the deletion of the amount added by the AO under Section 14A read with Rule 8D, following the precedent set in Maxopp Investment Ltd. v. CIT. Case-Laws Income Tax Thu, 26 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257174