https://www.taxtmi.com/caselaws?id=329320 The High Court upheld the order of the Income Tax Appellate Tribunal, ruling in favor of the revenue in a case concerning interest on delayed payment of interest. The Court emphasized that the legislative provision under Section 244A only allows for interest on refunds under specific circumstances, and no additional interest on such statutory interest can be claimed. The Court's decision was based on the interpretation of the law and specific provisions outlined in Section 244A, affirming the dismissal of the Tax Appeals in favor of the revenue. en-us Tue, 21 Jun 2016 00:00:00 +0530 Tue, 28 Jun 2016 18:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329320 The High Court upheld the order of the Income Tax Appellate Tribunal, ruling in favor of the revenue in a case concerning interest on delayed payment of interest. The Court emphasized that the legislative provision under Section 244A only allows for interest on refunds under specific circumstances, and no additional interest on such statutory interest can be claimed. The Court's decision was based on the interpretation of the law and specific provisions outlined in Section 244A, affirming the dismissal of the Tax Appeals in favor of the revenue. Case-Laws Income Tax Tue, 21 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329320