https://www.taxtmi.com/caselaws?id=55651 The Tribunal upheld the CIT(A)'s decision to grant interest on the full refund amount of Rs. 24,687 to the respondent company under section 244(1A), despite a subsequent tax demand of Rs. 21,603. The Tribunal emphasized that the refund order preceded the demand, and interest should be calculated on the original refund amount without adjustment for the later demand. The decision clarified that interest entitlement on a refund should not be affected by a subsequent tax demand, affirming that interest should be granted on the entire refund amount without reduction. en-us Wed, 27 Feb 1991 00:00:00 +0530 Mon, 29 Nov 2010 12:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55651 The Tribunal upheld the CIT(A)'s decision to grant interest on the full refund amount of Rs. 24,687 to the respondent company under section 244(1A), despite a subsequent tax demand of Rs. 21,603. The Tribunal emphasized that the refund order preceded the demand, and interest should be calculated on the original refund amount without adjustment for the later demand. The decision clarified that interest entitlement on a refund should not be affected by a subsequent tax demand, affirming that interest should be granted on the entire refund amount without reduction. Case-Laws Income Tax Wed, 27 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55651