https://www.taxtmi.com/caselaws?id=9897 The court held that the appellants were entitled to interest on tax refunds due to delayed payment, emphasizing that Section 244A(4) of the Income-tax Act did not preclude such entitlement. The court clarified that the relevant provision for interest was Section 244(1A) for the period between April 1, 1975, and April 1, 1989. The authority's refusal to grant interest based on Section 244A(4) was deemed incorrect, and the court directed a fresh consideration of the refund application in line with statutory provisions and judicial precedents. The judgment and orders in the appeals were set aside, and the writ petitions were granted. en-us Thu, 14 Sep 2006 00:00:00 +0530 Thu, 02 Jul 2009 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9897 The court held that the appellants were entitled to interest on tax refunds due to delayed payment, emphasizing that Section 244A(4) of the Income-tax Act did not preclude such entitlement. The court clarified that the relevant provision for interest was Section 244(1A) for the period between April 1, 1975, and April 1, 1989. The authority's refusal to grant interest based on Section 244A(4) was deemed incorrect, and the court directed a fresh consideration of the refund application in line with statutory provisions and judicial precedents. The judgment and orders in the appeals were set aside, and the writ petitions were granted. Case-Laws Income Tax Thu, 14 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9897