https://www.taxtmi.com/caselaws?id=16669 The High Court held that the assessee was entitled to interest under section 244(1A) of the Income-tax Act on the refundable amount from the date of the assessment order, not from an earlier date as claimed. Interest was to be paid one month after the order in appeal, following the Act's provisions. The Court ruled in favor of the assessee, directing the Revenue to comply with the revised terms, aligning with the Supreme Court's decision in Modi Industries Ltd. v. CIT [1995] 216 ITR 759. en-us Mon, 22 Sep 1997 00:00:00 +0530 Wed, 09 Sep 2009 12:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16669 The High Court held that the assessee was entitled to interest under section 244(1A) of the Income-tax Act on the refundable amount from the date of the assessment order, not from an earlier date as claimed. Interest was to be paid one month after the order in appeal, following the Act's provisions. The Court ruled in favor of the assessee, directing the Revenue to comply with the revised terms, aligning with the Supreme Court's decision in Modi Industries Ltd. v. CIT [1995] 216 ITR 759. Case-Laws Income Tax Mon, 22 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16669