https://www.taxtmi.com/highlights?id=65084 Payment of interest u/s 244A on the amount of refund payable to the assessee - CIT(A) concluded that the claim of ‘interest’ by the respondent for the refund amounts to 'interest on interest' and held that it is beyond the scope of Section 244A - ITAT allowed the claim - the assessee has been found entitled to refund of money deposited by it upon re-computation by the Revenue and interest thereon is liable to be paid under Section 244A(1)(b) - HC en-us Fri, 12 Aug 2022 08:33:02 +0530 Fri, 12 Aug 2022 08:33:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65084 Payment of interest u/s 244A on the amount of refund payable to the assessee - CIT(A) concluded that the claim of ‘interest’ by the respondent for the refund amounts to 'interest on interest' and held that it is beyond the scope of Section 244A - ITAT allowed the claim - the assessee has been found entitled to refund of money deposited by it upon re-computation by the Revenue and interest thereon is liable to be paid under Section 244A(1)(b) - HC Highlights Income Tax Fri, 12 Aug 2022 08:33:02 +0530 https://www.taxtmi.com/highlights?id=65084