https://www.taxtmi.com/caselaws?id=13435 The Tribunal upheld the Commissioner's decision, dismissing the Department's appeals. The crux of the disagreement centered on the interpretation of section 244(2) of the Income-tax Act, particularly regarding the calculation of interest on withheld refunds. The Tribunal found the issue to be debatable and not suitable for rectification under section 154 of the Act. The decision favored the assessee, emphasizing the complexity and differing interpretations involved in the matter. en-us Thu, 12 Apr 2007 00:00:00 +0530 Thu, 28 May 2009 18:29:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13435 The Tribunal upheld the Commissioner's decision, dismissing the Department's appeals. The crux of the disagreement centered on the interpretation of section 244(2) of the Income-tax Act, particularly regarding the calculation of interest on withheld refunds. The Tribunal found the issue to be debatable and not suitable for rectification under section 154 of the Act. The decision favored the assessee, emphasizing the complexity and differing interpretations involved in the matter. Case-Laws Income Tax Thu, 12 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13435