https://www.taxtmi.com/caselaws?id=261005 The appeals filed by the Revenue against orders granting interest on self-assessment tax and refund adjustment were dismissed by the Hon'ble Bombay High Court. The Court held that interest is payable from the date of self-assessment tax payment to the date of refund under Section 244A, emphasizing that such payment is mandatory to discharge obligations under the Income Tax Act. The Tribunal upheld this decision, ruling that the Revenue's appeals lacked merit based on established precedent. en-us Wed, 01 Apr 2015 00:00:00 +0530 Tue, 30 Jun 2015 06:42:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261005 The appeals filed by the Revenue against orders granting interest on self-assessment tax and refund adjustment were dismissed by the Hon'ble Bombay High Court. The Court held that interest is payable from the date of self-assessment tax payment to the date of refund under Section 244A, emphasizing that such payment is mandatory to discharge obligations under the Income Tax Act. The Tribunal upheld this decision, ruling that the Revenue's appeals lacked merit based on established precedent. Case-Laws Income Tax Wed, 01 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261005