https://www.taxtmi.com/highlights?id=27452 Calculation of interest u/s 244A - when a refund of tax has to be reduced by refund already granted it is only the tax element which has to be adjusted and not the interest element paid on the delayed refund of the tax. This is so as the interest which is paid to the assessee is for the wrongful withholding of the assessee's refund by the revenue - HC en-us Tue, 23 Feb 2016 15:04:48 +0530 Tue, 23 Feb 2016 15:04:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27452 Calculation of interest u/s 244A - when a refund of tax has to be reduced by refund already granted it is only the tax element which has to be adjusted and not the interest element paid on the delayed refund of the tax. This is so as the interest which is paid to the assessee is for the wrongful withholding of the assessee's refund by the revenue - HC Highlights Income Tax Tue, 23 Feb 2016 15:04:48 +0530 https://www.taxtmi.com/highlights?id=27452