https://www.taxtmi.com/caselaws?id=21129 The court ruled in favor of the petitioner, holding that the Assessing Officer lacked the authority to withdraw interest granted under section 244(1A) of the Income-tax Act, even if subsequent assessments revealed discrepancies. The judgment highlighted the importance of statutory provisions and legislative intent, emphasizing that the insertion of section 244A in the Act recognized the need for specific provisions regarding the recovery of interest paid under section 244(1A). The court allowed the Special Civil Application, quashing the order attempting to withdraw the interest granted and providing clarity on the legal aspects of interest computations and refunds under the Act. en-us Thu, 05 Mar 1992 00:00:00 +0530 Tue, 08 Sep 2015 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21129 The court ruled in favor of the petitioner, holding that the Assessing Officer lacked the authority to withdraw interest granted under section 244(1A) of the Income-tax Act, even if subsequent assessments revealed discrepancies. The judgment highlighted the importance of statutory provisions and legislative intent, emphasizing that the insertion of section 244A in the Act recognized the need for specific provisions regarding the recovery of interest paid under section 244(1A). The court allowed the Special Civil Application, quashing the order attempting to withdraw the interest granted and providing clarity on the legal aspects of interest computations and refunds under the Act. Case-Laws Income Tax Thu, 05 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21129