Refund Amount Clarified: Interest Waiver by CCIT Not 'Interest on Interest' u/s 244A(1)(b) of Income Tax Act.

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....Interest on refund - Expression ‘in any other case’ occurring in Section 244A(1)(b) - The sum found refundable to the Petitioners as a result of the waiver of interest order passed by the CCIT is a definite sum that was wrongly deducted from the Petitioners as interest. Payment of interest on that sum by the Revenue cannot be characterised as payment of 'interest on interest'. - HC....