https://www.taxtmi.com/caselaws?id=257712 The tribunal upheld the CIT(A)'s decision, affirming that the Assessing Officer correctly computed interest under section 244A of the Income Tax Act. The tribunal noted that the Sandvik Asia judgment was questioned by the Supreme Court in Gujarat Flouro Chemicals and was not applicable in this case. The appeal was dismissed on 11th March 2015, with the court ruling in favor of the tax authority's computation of interest without allowing interest on interest for the refund due. en-us Wed, 11 Mar 2015 00:00:00 +0530 Mon, 25 Jan 2016 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257712 The tribunal upheld the CIT(A)'s decision, affirming that the Assessing Officer correctly computed interest under section 244A of the Income Tax Act. The tribunal noted that the Sandvik Asia judgment was questioned by the Supreme Court in Gujarat Flouro Chemicals and was not applicable in this case. The appeal was dismissed on 11th March 2015, with the court ruling in favor of the tax authority's computation of interest without allowing interest on interest for the refund due. Case-Laws Income Tax Wed, 11 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257712