https://www.taxtmi.com/caselaws?id=439463 The Court held that for the Assessment Year 1984-85, Section 244 should apply instead of Section 244A for interest on a refund. It was determined that interest on the amount paid as interest under Section 220(2) should be granted under Section 244 and also on the refund of the interest recovered under Section 220(2). The Petitioner was deemed entitled to interest on the refund under Section 244 and on the interest recovered under Section 220(2). The Assessing Officer was directed to calculate and issue the refund order within eight weeks. en-us Fri, 16 Jun 2023 00:00:00 +0530 Mon, 25 Sep 2023 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439463 The Court held that for the Assessment Year 1984-85, Section 244 should apply instead of Section 244A for interest on a refund. It was determined that interest on the amount paid as interest under Section 220(2) should be granted under Section 244 and also on the refund of the interest recovered under Section 220(2). The Petitioner was deemed entitled to interest on the refund under Section 244 and on the interest recovered under Section 220(2). The Assessing Officer was directed to calculate and issue the refund order within eight weeks. Case-Laws Income Tax Fri, 16 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439463