https://www.taxtmi.com/caselaws?id=442136 The ITAT allowed the appeal of the assessee, setting aside the NFAC's order and directing the AO to calculate and remit the interest on the refund as per the provisions of the Income Tax Act. The judgment emphasizes the significance of timely and accurate processing of refunds and adherence to statutory provisions governing interest payments. en-us Wed, 23 Aug 2023 00:00:00 +0530 Fri, 25 Aug 2023 08:32:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442136 The ITAT allowed the appeal of the assessee, setting aside the NFAC's order and directing the AO to calculate and remit the interest on the refund as per the provisions of the Income Tax Act. The judgment emphasizes the significance of timely and accurate processing of refunds and adherence to statutory provisions governing interest payments. Case-Laws Income Tax Wed, 23 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442136