https://www.taxtmi.com/caselaws?id=423275 The Tribunal partially allowed the appeal filed by Tata Communications Payment Solutions Limited. The Tribunal dismissed the appellant's claim regarding the carry forward of losses as the Assessing Officer had already granted the carry forward in subsequent years. However, the Tribunal directed the Assessing Officer to allow interest under section 244A of the Income Tax Act up to the date of the refund issue, based on relevant legal precedents. The judgment provided detailed reasoning on each issue, considering arguments from both parties, resulting in the partial success of the appellant's appeal. en-us Mon, 23 May 2022 00:00:00 +0530 Fri, 03 Jun 2022 08:27:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423275 The Tribunal partially allowed the appeal filed by Tata Communications Payment Solutions Limited. The Tribunal dismissed the appellant's claim regarding the carry forward of losses as the Assessing Officer had already granted the carry forward in subsequent years. However, the Tribunal directed the Assessing Officer to allow interest under section 244A of the Income Tax Act up to the date of the refund issue, based on relevant legal precedents. The judgment provided detailed reasoning on each issue, considering arguments from both parties, resulting in the partial success of the appellant's appeal. Case-Laws Income Tax Mon, 23 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423275