https://www.taxtmi.com/caselaws?id=24288 The court ruled in favor of the assessee, affirming the applicability of section 244(1A) for interest on the refunded tax amount. The adjustment of advance tax towards tax liability in a regular assessment qualified as a tax payment, entitling the assessee to interest under section 244(1A). The Tribunal correctly granted interest to the assessee based on the appellate order determining the refundable amount. The court found in favor of the assessee on the main issue, rendering the first question irrelevant and not awarding any costs. en-us Thu, 23 Feb 1989 00:00:00 +0530 Tue, 19 Jan 2010 10:40:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24288 The court ruled in favor of the assessee, affirming the applicability of section 244(1A) for interest on the refunded tax amount. The adjustment of advance tax towards tax liability in a regular assessment qualified as a tax payment, entitling the assessee to interest under section 244(1A). The Tribunal correctly granted interest to the assessee based on the appellate order determining the refundable amount. The court found in favor of the assessee on the main issue, rendering the first question irrelevant and not awarding any costs. Case-Laws Income Tax Thu, 23 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24288