https://www.taxtmi.com/caselaws?id=19995 The High Court of GUJARAT ruled in favor of the petitioner in a case concerning the entitlement to interest under section 244(1A) on penalty amounts refunded due to waiver under section 273A of the Income-tax Act. The court interpreted the provisions under Chapter XIX, emphasizing that orders under section 273A fall within the scope of "other proceedings" under section 240, entitling the assessee to interest under section 244(1A). Consequently, the court deemed the Commissioner's order rejecting the interest claim as illegal, quashed it, and directed reconsideration with the instruction to grant interest as per the Act. en-us Thu, 30 Jun 1994 00:00:00 +0530 Wed, 11 Nov 2009 10:51:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19995 The High Court of GUJARAT ruled in favor of the petitioner in a case concerning the entitlement to interest under section 244(1A) on penalty amounts refunded due to waiver under section 273A of the Income-tax Act. The court interpreted the provisions under Chapter XIX, emphasizing that orders under section 273A fall within the scope of "other proceedings" under section 240, entitling the assessee to interest under section 244(1A). Consequently, the court deemed the Commissioner's order rejecting the interest claim as illegal, quashed it, and directed reconsideration with the instruction to grant interest as per the Act. Case-Laws Income Tax Thu, 30 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19995