2012 (6) TMI 902

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.... This is an appeal filed by the assessee against the order of the CIT(A)-Large Taxpayer Unit, Chennai, dated 21.2.2012. 2. The assessee has taken the following grounds of appeal: "1. The order of the Commissioner of Income tax (Appeals) is contrary to law, facts and circumstances of the case. 2. The Commissioner of Income tax (Appeals) erred in confirming the order of the ass....

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.... 280 ITR 643. 2.3 The Commissioner of Incometax (Appeals) ought to have appreciated that in assessee's own case the Chennai Tribunal has allowed the issue in favour of assessee in ITA Nos. 1558 to 1564 in the for AY 1986-87, 89-90 to 94-95 by an order dated 06.02.2009. 3. The appellant craves leave to file additional grounds at the time of hearing." 3. The A.R of the asses....

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....orities. 5. We have heard the rival submissions and perused the orders of the lower authorities and materials available on record. The brief facts of the case are that the Assessing Officer granted interest u/s244A of the Act of Rs. 11,46,600/- as against Rs. 16,84,867/- claimed bythe assessee. Before the CIT(A), the assessee, with regard to granting of interest on "any amount" of refund due ir....