https://www.taxtmi.com/caselaws?id=420679 The court held that the appellant, a bank, was not entitled to interest on the refund of surplus TDS for various assessment years due to delays in rectifying defects in TDS certificates. The interpretation of Section 244A(2) mandates excluding any delay attributable to the assessee from the interest calculation. Previous judgments cited by the appellant were distinguished as not addressing delays caused by the assessee. The court dismissed the appeal, upholding the Division Bench's decision that interest during the delay period is not payable, with no order as to costs. en-us Thu, 31 Mar 2022 00:00:00 +0530 Thu, 23 Jun 2022 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420679 The court held that the appellant, a bank, was not entitled to interest on the refund of surplus TDS for various assessment years due to delays in rectifying defects in TDS certificates. The interpretation of Section 244A(2) mandates excluding any delay attributable to the assessee from the interest calculation. Previous judgments cited by the appellant were distinguished as not addressing delays caused by the assessee. The court dismissed the appeal, upholding the Division Bench's decision that interest during the delay period is not payable, with no order as to costs. Case-Laws Income Tax Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420679