https://www.taxtmi.com/caselaws?id=330683 The Tribunal dismissed the Revenue's appeal against the order of the Commissioner of Income-tax (Appeals)-6, Chennai, concerning the assessment year 2008-09. The Court upheld the assessee's entitlement to interest u/s.244A on the self-assessment tax payment, emphasizing the statutory liability of the Revenue to pay interest on refunds. Relying on established legal principles and precedent cases, the Tribunal affirmed the obligation of the Government to compensate for delays in refund payments. The appeal of the Revenue was consequently dismissed, affirming the assessee's right to interest on the refund. en-us Fri, 15 Jul 2016 00:00:00 +0530 Wed, 03 Aug 2016 11:07:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330683 The Tribunal dismissed the Revenue's appeal against the order of the Commissioner of Income-tax (Appeals)-6, Chennai, concerning the assessment year 2008-09. The Court upheld the assessee's entitlement to interest u/s.244A on the self-assessment tax payment, emphasizing the statutory liability of the Revenue to pay interest on refunds. Relying on established legal principles and precedent cases, the Tribunal affirmed the obligation of the Government to compensate for delays in refund payments. The appeal of the Revenue was consequently dismissed, affirming the assessee's right to interest on the refund. Case-Laws Income Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330683