https://www.taxtmi.com/caselaws?id=14388 The dominant issue was whether interest under s. 244 of the Income-tax Act is payable on a refund amount that includes interest payable under s. 214, or whether this amounts to impermissible "interest on interest." The HC held that ss. 240 and 244, read together, impose liability on the Central Government to pay interest on "any amount" becoming due to the assessee pursuant to an appellate order, not merely the tax component. Since an amount including s. 214 interest became due under an order covered by s. 240, it constituted a refundable "amount" for s. 244 purposes. The question was answered in favour of the assessee and against the Revenue. en-us Mon, 19 Feb 2001 00:00:00 +0530 Mon, 05 Jan 2026 19:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14388 The dominant issue was whether interest under s. 244 of the Income-tax Act is payable on a refund amount that includes interest payable under s. 214, or whether this amounts to impermissible "interest on interest." The HC held that ss. 240 and 244, read together, impose liability on the Central Government to pay interest on "any amount" becoming due to the assessee pursuant to an appellate order, not merely the tax component. Since an amount including s. 214 interest became due under an order covered by s. 240, it constituted a refundable "amount" for s. 244 purposes. The question was answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Mon, 19 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14388