https://www.taxtmi.com/caselaws?id=186422 The Tribunal ruled in favor of the assessee, allowing interest under section 244(1A) on self-assessment tax payments. The decision emphasized that self-assessment tax, once paid, qualifies as tax paid in accordance with the assessment order, making the assessee eligible for interest. The judgment cited legal principles and precedents, including the case of Modi Industries Ltd. vs. CIT, to support the allowance of interest on self-assessment tax payments. This outcome favored the assessee against the Revenue, aligning with relevant legal provisions and interpretations. en-us Sat, 12 Feb 2000 00:00:00 +0530 Fri, 16 Sep 2016 18:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186422 The Tribunal ruled in favor of the assessee, allowing interest under section 244(1A) on self-assessment tax payments. The decision emphasized that self-assessment tax, once paid, qualifies as tax paid in accordance with the assessment order, making the assessee eligible for interest. The judgment cited legal principles and precedents, including the case of Modi Industries Ltd. vs. CIT, to support the allowance of interest on self-assessment tax payments. This outcome favored the assessee against the Revenue, aligning with relevant legal provisions and interpretations. Case-Laws Income Tax Sat, 12 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186422