https://www.taxtmi.com/caselaws?id=443690 The article explains that, under the India-Netherlands DTAA Protocol's MFN clause, a more restrictive interest provision in a later OECD treaty can be imported, so interest on income-tax refund under section 244A was treated as not taxable in India. It also notes that interest under section 234A is not leviable where the return is filed within the statutory due date, because the condition of delay is absent. Separately, the addition linked to an allegedly already issued refund was remitted for factual verification, with the assessee to be heard on that aspect. en-us Mon, 25 Sep 2023 00:00:00 +0530 Fri, 29 Sep 2023 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443690 The article explains that, under the India-Netherlands DTAA Protocol's MFN clause, a more restrictive interest provision in a later OECD treaty can be imported, so interest on income-tax refund under section 244A was treated as not taxable in India. It also notes that interest under section 234A is not leviable where the return is filed within the statutory due date, because the condition of delay is absent. Separately, the addition linked to an allegedly already issued refund was remitted for factual verification, with the assessee to be heard on that aspect. Case-Laws Income Tax Mon, 25 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443690