https://www.taxtmi.com/caselaws?id=60472 The tribunal ruled in favor of the assessee, granting the claim for interest under sec. 244(1A) based on a thorough analysis of the legal provisions and precedents cited during the proceedings. The tribunal clarified that 'other proceeding' included assessments under sec. 251, and in this case, the amount found in excess was subject to interest payment. Consequently, the tribunal directed the ITO to calculate and pay the interest to the assessee, ultimately allowing the appeal. en-us Fri, 19 Jun 1987 00:00:00 +0530 Wed, 05 Jan 2011 14:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60472 The tribunal ruled in favor of the assessee, granting the claim for interest under sec. 244(1A) based on a thorough analysis of the legal provisions and precedents cited during the proceedings. The tribunal clarified that 'other proceeding' included assessments under sec. 251, and in this case, the amount found in excess was subject to interest payment. Consequently, the tribunal directed the ITO to calculate and pay the interest to the assessee, ultimately allowing the appeal. Case-Laws Income Tax Fri, 19 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60472