https://www.taxtmi.com/caselaws?id=26353 The court ruled in favor of the assessee, a private limited company, allowing interest on the refund of advance tax under section 214 of the Income-tax Act. The Revenue's appeal to the Tribunal was unsuccessful, and their subsequent application for a mandamus to refer questions under section 256(2) was dismissed. The court directed the Tribunal to refer only the question regarding the entitlement of interest on refunds granted post regular assessment to the High Court for clarification, while disregarding other questions raised by the Revenue. No costs were awarded in the judgment. en-us Wed, 30 Apr 1986 00:00:00 +0530 Thu, 04 Feb 2010 13:23:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26353 The court ruled in favor of the assessee, a private limited company, allowing interest on the refund of advance tax under section 214 of the Income-tax Act. The Revenue's appeal to the Tribunal was unsuccessful, and their subsequent application for a mandamus to refer questions under section 256(2) was dismissed. The court directed the Tribunal to refer only the question regarding the entitlement of interest on refunds granted post regular assessment to the High Court for clarification, while disregarding other questions raised by the Revenue. No costs were awarded in the judgment. Case-Laws Income Tax Wed, 30 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26353