https://www.taxtmi.com/highlights?id=59674 Addition on account of interest u/s. 244A - Admittedly, the interest on income tax refund for the assessment year 2012-13 was received by the appellant society during the previous year relevant to the assessment year under consideration. The fact that such interest was adjusted against the outstanding demand of the appellant is immaterial as the adjustment of refund also amount to receipt of the interest. - Additions confirmed - AT en-us Tue, 14 Sep 2021 13:15:43 +0530 Tue, 14 Sep 2021 13:15:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59674 Addition on account of interest u/s. 244A - Admittedly, the interest on income tax refund for the assessment year 2012-13 was received by the appellant society during the previous year relevant to the assessment year under consideration. The fact that such interest was adjusted against the outstanding demand of the appellant is immaterial as the adjustment of refund also amount to receipt of the interest. - Additions confirmed - AT Highlights Income Tax Tue, 14 Sep 2021 13:15:43 +0530 https://www.taxtmi.com/highlights?id=59674