2016 (7) TMI 1335

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....untant Member) The captioned appeal filed by the Revenue pertaining to assessment year 2008-09 is directed against an order passed by CIT(A)- 4, Mumbai dated 09/03/2015 which in turn arises out of an order dated 22/03/2013 passed under section 250 of the Income Tax Act, 1961 (in short 'the Act'). 2. In this appeal, the Revenue has raised the following Grounds of appeal:- "1. "On the....

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....to the appellate order of the CIT(A), whereby the refund was determined at Rs. 166,10,67,723/- including interest due to the assessee under section 244A of the Act of Rs. 47,71,41,344/-. However, as per the assessee such interest under section 244A was liable to be determined at Rs. 49,07,21,750/-. The area of difference between assessee and Revenue was as to whether the interest portion of the re....