Interest u/s 244A: Applicable Only on Un-refunded Tax, Not on Unpaid Interest in Income Tax Refunds.

Interest u/s 244A: Applicable Only on Un-refunded Tax, Not on Unpaid Interest in Income Tax Refunds. https://www.taxtmi.com/highlights?id=24728 Interest u/s.244A - The shortfall, if any, of the refund amount with reference to the amount so computed, would have to be apportioned between the principal (tax) and interest amounts, so that interest u/s.244A shall arise on the un-refunded tax, while no interest u/s.244A is exigible under the Act on the unpaid interest there-under - AT en-us Mon, 14 Sep 2015 08:39:20 +0530 Mon, 14 Sep 2015 08:39:20 +0530 TaxTMI RSS Generator Interest u/s 244A: Applicable Only on Un-refunded Tax, Not on Unpaid Interest in Income Tax Refunds. https://www.taxtmi.com/highlights?id=24728 Interest u/s.244A - The shortfall, if any, of the refund amount with reference to the amount so computed, would have to be apportioned between the principal (tax) and interest amounts, so that interest u/s.244A shall arise on the un-refunded tax, while no interest u/s.244A is exigible under the Act on the unpaid interest there-under - AT Highlights Income Tax Mon, 14 Sep 2015 08:39:20 +0530 https://www.taxtmi.com/highlights?id=24728