https://www.taxtmi.com/caselaws?id=326276 The Supreme Court upheld the decision of the High Court and Income Tax Appellate Tribunal, ruling that the assessee was entitled to interest on the amount held by the Revenue from 1988 to 1991 under Section 244(1A) of the Income Tax Act. The Court found that despite being refundable to the assessee, the Revenue utilized the amount, justifying the payment of interest. The appeal was dismissed, affirming the entitlement to interest on the withheld sum. en-us Tue, 08 Mar 2016 00:00:00 +0530 Mon, 02 May 2016 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326276 The Supreme Court upheld the decision of the High Court and Income Tax Appellate Tribunal, ruling that the assessee was entitled to interest on the amount held by the Revenue from 1988 to 1991 under Section 244(1A) of the Income Tax Act. The Court found that despite being refundable to the assessee, the Revenue utilized the amount, justifying the payment of interest. The appeal was dismissed, affirming the entitlement to interest on the withheld sum. Case-Laws Income Tax Tue, 08 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326276