https://www.taxtmi.com/caselaws?id=2122 The High Court affirmed the assessee's entitlement to interest on the refund of tax paid under Section 140A, rejecting the Revenue's argument that interest should not be granted as the refund stemmed from self-assessment tax payment. The court emphasized the statutory obligation of the Revenue to pay interest on refunds, citing relevant sections and precedents. The appeal was dismissed, with the court finding no substantial question of law, thereby upholding the assessee's right to interest under Section 244A in such circumstances. en-us Wed, 06 Jun 2007 00:00:00 +0530 Fri, 01 Aug 2008 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2122 The High Court affirmed the assessee's entitlement to interest on the refund of tax paid under Section 140A, rejecting the Revenue's argument that interest should not be granted as the refund stemmed from self-assessment tax payment. The court emphasized the statutory obligation of the Revenue to pay interest on refunds, citing relevant sections and precedents. The appeal was dismissed, with the court finding no substantial question of law, thereby upholding the assessee's right to interest under Section 244A in such circumstances. Case-Laws Income Tax Wed, 06 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2122