https://www.taxtmi.com/caselaws?id=374116 The High Court upheld the Tribunal's decision to grant interest under Section 244A of the Income Tax Act to the assessee. The Court emphasized the significance of adhering to legal precedents and respecting decisions made by competent authorities, referencing a previous case involving the same assessee where a similar issue was resolved in favor of the assessee. The Court dismissed the Revenue's appeal, affirming the assessee's entitlement to interest on the refund as directed by the Commissioner of Income Tax (Appeals) under Section 264 of the Act. en-us Mon, 21 Jan 2019 00:00:00 +0530 Fri, 25 Jan 2019 09:15:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374116 The High Court upheld the Tribunal's decision to grant interest under Section 244A of the Income Tax Act to the assessee. The Court emphasized the significance of adhering to legal precedents and respecting decisions made by competent authorities, referencing a previous case involving the same assessee where a similar issue was resolved in favor of the assessee. The Court dismissed the Revenue's appeal, affirming the assessee's entitlement to interest on the refund as directed by the Commissioner of Income Tax (Appeals) under Section 264 of the Act. Case-Laws Income Tax Mon, 21 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374116