https://www.taxtmi.com/caselaws?id=60086 The tribunal upheld the Appellant Commissioner of Income-tax's order directing the Assessing Officer to compute and pay interest under section 244(1A) on the excess amount collected by garnishee action. The tribunal dismissed the revenue's appeal, affirming the assessee's entitlement to interest on the excess amount from the date of collection to the date of refund, emphasizing that the mode of payment is immaterial. Any excess payment resulting from garnishee action entitles the assessee to interest under section 244(1A). en-us Wed, 29 Nov 1995 00:00:00 +0530 Mon, 03 Jan 2011 16:26:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60086 The tribunal upheld the Appellant Commissioner of Income-tax's order directing the Assessing Officer to compute and pay interest under section 244(1A) on the excess amount collected by garnishee action. The tribunal dismissed the revenue's appeal, affirming the assessee's entitlement to interest on the excess amount from the date of collection to the date of refund, emphasizing that the mode of payment is immaterial. Any excess payment resulting from garnishee action entitles the assessee to interest under section 244(1A). Case-Laws Income Tax Wed, 29 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60086