https://www.taxtmi.com/highlights?id=73751 Payment of interest u/s 244A to the deductor on the refund of tax made u/s 240 - Since we have awarded simple interest at 6%, we are not granting any cost in this case. This order shall be given effect to and the interest shall be paid over on or before 15th February 2024 - If not paid, with effect from 16th February 2024, the rate of interest payable will be at 9% p.a. until the date of payment. - The difference of 3% (9% - 6%) will be recovered from the Officer who will be responsible to have the interest paid. - HC en-us Sat, 23 Dec 2023 15:26:31 +0530 Sat, 23 Dec 2023 15:26:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73751 Payment of interest u/s 244A to the deductor on the refund of tax made u/s 240 - Since we have awarded simple interest at 6%, we are not granting any cost in this case. This order shall be given effect to and the interest shall be paid over on or before 15th February 2024 - If not paid, with effect from 16th February 2024, the rate of interest payable will be at 9% p.a. until the date of payment. - The difference of 3% (9% - 6%) will be recovered from the Officer who will be responsible to have the interest paid. - HC Highlights Income Tax Sat, 23 Dec 2023 15:26:31 +0530 https://www.taxtmi.com/highlights?id=73751