https://www.taxtmi.com/caselaws?id=22581 The court ruled in favor of the petitioner, a partner in a partnership firm, regarding the claim for interest on refunds for two distinct periods. The petitioner was entitled to interest under section 244(1) for the initial period due to the delay in refund processing by the Assessing Officer. Additionally, the court determined that proceedings related to a third-party claim fell under the Income Tax Act, triggering the application of section 244(2) for interest payment for the subsequent period. The judgment directed the Income-tax Officer to calculate and pay the owed interest promptly until October 6, 1978, partially granting the writ petition. en-us Tue, 11 Sep 1990 00:00:00 +0530 Fri, 11 Dec 2009 12:39:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22581 The court ruled in favor of the petitioner, a partner in a partnership firm, regarding the claim for interest on refunds for two distinct periods. The petitioner was entitled to interest under section 244(1) for the initial period due to the delay in refund processing by the Assessing Officer. Additionally, the court determined that proceedings related to a third-party claim fell under the Income Tax Act, triggering the application of section 244(2) for interest payment for the subsequent period. The judgment directed the Income-tax Officer to calculate and pay the owed interest promptly until October 6, 1978, partially granting the writ petition. Case-Laws Income Tax Tue, 11 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22581