https://www.taxtmi.com/caselaws?id=9670 The court ruled in favor of the petitioner, finding that the Commissioner of Income-tax erred in denying interest on refunded tax amounts for the assessment years 1982-83 and 1983-84. The court held that the amended provisions of sections 214 and 244(1A) of the Income-tax Act should apply retrospectively, entitling the petitioner to interest. The court directed the Commissioner to calculate and pay the interest owed to the petitioner within three months, in accordance with the law and relevant legal precedents. en-us Wed, 10 Aug 2005 00:00:00 +0530 Sun, 28 Jun 2009 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9670 The court ruled in favor of the petitioner, finding that the Commissioner of Income-tax erred in denying interest on refunded tax amounts for the assessment years 1982-83 and 1983-84. The court held that the amended provisions of sections 214 and 244(1A) of the Income-tax Act should apply retrospectively, entitling the petitioner to interest. The court directed the Commissioner to calculate and pay the interest owed to the petitioner within three months, in accordance with the law and relevant legal precedents. Case-Laws Income Tax Wed, 10 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9670