https://www.taxtmi.com/caselaws?id=472189 Interest paid on a delayed refund under Section 244A compensates for wrongful withholding and remains distinct from the tax-refund component. Accordingly, earlier Section 244A interest cannot be deducted when recalculating further interest on the tax refund. For interest under Section 234D, previously granted refund interest is excluded from the relevant refund amount. The Revenue's failure to challenge the prior treatment for the same assessee and assessment year meant that no substantial question of law arose. Refund interest therefore remains separate from the tax refund for consequential-interest computations. en-us Wed, 06 Mar 2019 00:00:00 +0530 Thu, 01 Oct 2026 17:19:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472189 Interest paid on a delayed refund under Section 244A compensates for wrongful withholding and remains distinct from the tax-refund component. Accordingly, earlier Section 244A interest cannot be deducted when recalculating further interest on the tax refund. For interest under Section 234D, previously granted refund interest is excluded from the relevant refund amount. The Revenue's failure to challenge the prior treatment for the same assessee and assessment year meant that no substantial question of law arose. Refund interest therefore remains separate from the tax refund for consequential-interest computations. Case-Laws Income Tax Wed, 06 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472189