https://www.taxtmi.com/caselaws?id=269665 The appellant was entitled to interest under section 244A on the amount paid under section 140A, despite the refund being granted before the completion of assessment. The Tribunal clarified that the entitlement to interest arises from the substantive part of the section, supporting the interest calculation based on the date of payment. The Tribunal's decision was overturned, emphasizing that interest on refund is not contingent upon the completion of assessment, leading to the Tax Case Appeal being allowed in favor of the assessee. en-us Tue, 18 Aug 2015 00:00:00 +0530 Thu, 17 Dec 2015 23:51:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269665 The appellant was entitled to interest under section 244A on the amount paid under section 140A, despite the refund being granted before the completion of assessment. The Tribunal clarified that the entitlement to interest arises from the substantive part of the section, supporting the interest calculation based on the date of payment. The Tribunal's decision was overturned, emphasizing that interest on refund is not contingent upon the completion of assessment, leading to the Tax Case Appeal being allowed in favor of the assessee. Case-Laws Income Tax Tue, 18 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269665