https://www.taxtmi.com/caselaws?id=415933 The ITAT allowed the appeal, directing the A.O to grant interest u/s 244A on the self-assessment tax of Rs. 50 lakhs in accordance with the CIT(A)'s order. The lower authorities were found to have erred in their approach, leading to the decision being set aside for re-evaluation. The assessee was given the opportunity to establish entitlement for interest, with the appeal being allowed for statistical purposes. en-us Tue, 23 Nov 2021 00:00:00 +0530 Fri, 17 Dec 2021 08:53:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415933 The ITAT allowed the appeal, directing the A.O to grant interest u/s 244A on the self-assessment tax of Rs. 50 lakhs in accordance with the CIT(A)'s order. The lower authorities were found to have erred in their approach, leading to the decision being set aside for re-evaluation. The assessee was given the opportunity to establish entitlement for interest, with the appeal being allowed for statistical purposes. Case-Laws Income Tax Tue, 23 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415933