https://www.taxtmi.com/caselaws?id=757960 ITAT Ahmedabad held that the assessee was entitled to interest under section 244A despite delay in filing revised return. The tribunal found no delay attributable to the assessee after filing revised return on 16.10.2017. The delay was caused by CPC and jurisdictional AO's failure to credit advance tax and TDS to Torrent Power Ltd. Since Revenue collected demand with interest from TPL due to non-crediting while denying interest to the assessee, this was deemed arbitrary. Revenue was directed to grant interest under section 244A from revised return filing date until refund issuance. Appeal allowed. en-us Fri, 30 Aug 2024 00:00:00 +0530 Thu, 05 Sep 2024 07:50:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757960 ITAT Ahmedabad held that the assessee was entitled to interest under section 244A despite delay in filing revised return. The tribunal found no delay attributable to the assessee after filing revised return on 16.10.2017. The delay was caused by CPC and jurisdictional AO's failure to credit advance tax and TDS to Torrent Power Ltd. Since Revenue collected demand with interest from TPL due to non-crediting while denying interest to the assessee, this was deemed arbitrary. Revenue was directed to grant interest under section 244A from revised return filing date until refund issuance. Appeal allowed. Case-Laws Income Tax Fri, 30 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757960