https://www.taxtmi.com/caselaws?id=15160 The High Court of Karnataka ruled in favor of the assessee, holding that interest under section 244(1A) should be allowed on self-assessment tax payments, considering them as tax paid in pursuance of the assessment order. The Tribunal directed the Assessing Officer to allow the refund and interest under section 244(1A) based on the self-assessment tax paid by the assessee, in line with the decision in Modi Industries Ltd. v. CIT [1995] 216 ITR 759 (SC). en-us Wed, 12 Jan 2000 00:00:00 +0530 Mon, 03 Aug 2009 13:45:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15160 The High Court of Karnataka ruled in favor of the assessee, holding that interest under section 244(1A) should be allowed on self-assessment tax payments, considering them as tax paid in pursuance of the assessment order. The Tribunal directed the Assessing Officer to allow the refund and interest under section 244(1A) based on the self-assessment tax paid by the assessee, in line with the decision in Modi Industries Ltd. v. CIT [1995] 216 ITR 759 (SC). Case-Laws Income Tax Wed, 12 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15160