https://www.taxtmi.com/caselaws?id=435579 The Tribunal allowed the appeal of the assessee, granting a refund of excess dividend distribution tax amounting to Rs.81,11,250. The assessee was also entitled to interest under section 244A of the Act on the refunded amount. Furthermore, challenges against interest levied under sections 234D and 220(2) of the Act were upheld, with directions given to the Assessing Officer for recalculation in accordance with the law. The Tribunal provided a comprehensive resolution to the issues raised by the assessee, allowing the appeal for statistical purposes. en-us Tue, 31 Jan 2023 00:00:00 +0530 Thu, 23 Mar 2023 08:27:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435579 The Tribunal allowed the appeal of the assessee, granting a refund of excess dividend distribution tax amounting to Rs.81,11,250. The assessee was also entitled to interest under section 244A of the Act on the refunded amount. Furthermore, challenges against interest levied under sections 234D and 220(2) of the Act were upheld, with directions given to the Assessing Officer for recalculation in accordance with the law. The Tribunal provided a comprehensive resolution to the issues raised by the assessee, allowing the appeal for statistical purposes. Case-Laws Income Tax Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435579