https://www.taxtmi.com/caselaws?id=788600 Refund of self-assessment tax paid in anticipation of liability was treated as a tax payment, not a mere parking of funds, so once the amount became refundable it attracted interest under section 244A(1)(b) from the date of payment. The Madras High Court had accepted that there was no dispute on the assessee's entitlement to refund, and that the Department had taken a similar stand in later assessment years. The Supreme Court found no ground to interfere under Article 136, condoned delay, and dismissed the special leave petition. en-us Mon, 23 Mar 2026 00:00:00 +0530 Thu, 26 Mar 2026 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788600 Refund of self-assessment tax paid in anticipation of liability was treated as a tax payment, not a mere parking of funds, so once the amount became refundable it attracted interest under section 244A(1)(b) from the date of payment. The Madras High Court had accepted that there was no dispute on the assessee's entitlement to refund, and that the Department had taken a similar stand in later assessment years. The Supreme Court found no ground to interfere under Article 136, condoned delay, and dismissed the special leave petition. Case-Laws Income Tax Mon, 23 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788600