https://www.taxtmi.com/caselaws?id=366615 The High Court allowed the writ petitions, quashed the orders refusing interest on the refund, and remanded the matters to the Assistant Commissioner of Income Tax for re-adjudication based on relevant provisions of the Income Tax Act. The Court emphasized that the authorities failed to consider material facts and correct interpretation of the Act, highlighting the need to involve higher authorities in deciding on interest payment and to consider previous orders granting exemption. en-us Wed, 06 Jun 2018 00:00:00 +0530 Fri, 07 Sep 2018 08:38:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366615 The High Court allowed the writ petitions, quashed the orders refusing interest on the refund, and remanded the matters to the Assistant Commissioner of Income Tax for re-adjudication based on relevant provisions of the Income Tax Act. The Court emphasized that the authorities failed to consider material facts and correct interpretation of the Act, highlighting the need to involve higher authorities in deciding on interest payment and to consider previous orders granting exemption. Case-Laws Income Tax Wed, 06 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366615