https://www.taxtmi.com/caselaws?id=13798 The High Court concluded that the lower authorities correctly interpreted the entitlement of interest on the refund amount under section 214 before the amendment. It was held that the TDS amount should be credited in the computation of tax payable on regular assessment. The Court declined to answer the reference, emphasizing that the posed question did not align with the case's facts and circumstances. en-us Tue, 26 Jun 2001 00:00:00 +0530 Thu, 02 Jul 2009 18:31:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13798 The High Court concluded that the lower authorities correctly interpreted the entitlement of interest on the refund amount under section 214 before the amendment. It was held that the TDS amount should be credited in the computation of tax payable on regular assessment. The Court declined to answer the reference, emphasizing that the posed question did not align with the case's facts and circumstances. Case-Laws Income Tax Tue, 26 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13798