2018 (9) TMI 2054

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.....: This appeal by the Revenue is directed against the order by the Commissioner of Income Tax (Appeals) dated 21.06.2017 and pertains to the assessment year 1999-2000. 2. The grounds of appeal read as under: 1. On the facts and in the circumstances of the case and in law, the Ld. CIT(A) has erred in directing the Assessing Officer to adjust the refund granted, first towards interest amoun....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the fact that refund had not become due to the assessee out of advance tax payment or TDS but has arisen out of voluntary payment by assessee on going effect to the order of Ld. CIT(A) wherein for the first time claim of deduction on account of interest on securities was made and allowed. 3. At the outset, it is noted that the impugned order of the ld. Commissioner of Income Tax (Appeals) in t....