https://www.taxtmi.com/caselaws?id=767077 ITAT Ahmedabad held that excess DDT refund qualifies for interest under Section 244A(1)(b) from 01.10.2010 to refund date. The tribunal ruled that DDT cannot be classified as advance tax or self-assessment tax since it is payable upon dividend declaration/distribution/payment, whichever is earlier. DDT accounting is maintained separately from other taxes. Therefore, excess DDT refund falls under the residual clause of Section 244A(1)(b) and attracts interest. The CIT(A)'s decision was affirmed and Revenue's appeal was dismissed. en-us Fri, 07 Mar 2025 00:00:00 +0530 Mon, 10 Mar 2025 08:42:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767077 ITAT Ahmedabad held that excess DDT refund qualifies for interest under Section 244A(1)(b) from 01.10.2010 to refund date. The tribunal ruled that DDT cannot be classified as advance tax or self-assessment tax since it is payable upon dividend declaration/distribution/payment, whichever is earlier. DDT accounting is maintained separately from other taxes. Therefore, excess DDT refund falls under the residual clause of Section 244A(1)(b) and attracts interest. The CIT(A)'s decision was affirmed and Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 07 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767077