https://www.taxtmi.com/caselaws?id=332195 The High Court ruled in favor of the appellant, holding that interest under Section 234B should not have been charged on the refunded amount. The Court found that Section 234D was not applicable in this case as the assessment was completed before the specified date. The judgment provided a detailed analysis of the legal provisions and previous decisions to support its conclusion, ultimately disposing of the appeal in favor of the assessee without any costs. en-us Thu, 21 Jul 2016 00:00:00 +0530 Mon, 12 Sep 2016 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332195 The High Court ruled in favor of the appellant, holding that interest under Section 234B should not have been charged on the refunded amount. The Court found that Section 234D was not applicable in this case as the assessment was completed before the specified date. The judgment provided a detailed analysis of the legal provisions and previous decisions to support its conclusion, ultimately disposing of the appeal in favor of the assessee without any costs. Case-Laws Income Tax Thu, 21 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332195