https://www.taxtmi.com/caselaws?id=759940 ITAT Ahmedabad allowed assessee's appeal regarding interest under Section 244A on excess self-assessment tax refund from January 2017 to October 2017. Revenue denied interest claiming refund was less than 10% of tax determined under Section 143(3). ITAT held that self-assessment tax loses its character once adjusted against regular assessment liability, falling under sub-clause (b) rather than (aa) of Section 244A(1). The 10% threshold proviso applies only to clause (aa), not (b). Assessee entitled to interest on refund. en-us Wed, 09 Oct 2024 00:00:00 +0530 Thu, 10 Oct 2024 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759940 ITAT Ahmedabad allowed assessee's appeal regarding interest under Section 244A on excess self-assessment tax refund from January 2017 to October 2017. Revenue denied interest claiming refund was less than 10% of tax determined under Section 143(3). ITAT held that self-assessment tax loses its character once adjusted against regular assessment liability, falling under sub-clause (b) rather than (aa) of Section 244A(1). The 10% threshold proviso applies only to clause (aa), not (b). Assessee entitled to interest on refund. Case-Laws Income Tax Wed, 09 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759940