https://www.taxtmi.com/caselaws?id=11590 Statutory interest under section 244(1A) followed once the refund became payable, so the assessee's entitlement arose as a matter of law. The Income-tax Officer could not invoke section 154 to withdraw that interest because the original grant was not a mistake apparent from the record. The absence of an express direction in the Tribunal's order on interest did not defeat the statutory entitlement once the conditions of section 244(1A) were satisfied. The rectification order was therefore held unsustainable, and the issue was decided in favour of the assessee. en-us Wed, 20 Nov 2002 00:00:00 +0530 Sun, 31 Jan 2010 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11590 Statutory interest under section 244(1A) followed once the refund became payable, so the assessee's entitlement arose as a matter of law. The Income-tax Officer could not invoke section 154 to withdraw that interest because the original grant was not a mistake apparent from the record. The absence of an express direction in the Tribunal's order on interest did not defeat the statutory entitlement once the conditions of section 244(1A) were satisfied. The rectification order was therefore held unsustainable, and the issue was decided in favour of the assessee. Case-Laws Income Tax Wed, 20 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11590