2022 (6) TMI 747

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....r For the Appellant : Shri Varuvooru Sreedhar, Addl.CIT For the Respondent : Shri GSD Babu, Advocate ORDER PER MAHAVIR SINGH, VP: This appeal by the Revenue is arising out of the order of Commissioner of Income Tax (Appeals)-1, Chennai in ITA No.240/CIT(A)-1/2017-18, order dated 31.07.2018. The rectification order denying interest on refund, was passed by the DCIT, Corporate Circle ....

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....sue of refund in January 2014 itself, as per record, and the period of elapse from January 2014 to November 2014 was due to delay or non-service of refund by the Refund Banker, in which the AO has no role to play and hence, Income Tax Department is not liable for the claim of extra interest for the intervening period. 3. We have heard rival contentions and gone through facts and circumstances o....

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....in the case of Rajasthan State Electricity vs. CIT, 281 ITR 274. Aggrieved, assessee preferred appeal before the CIT(A). The CIT(A) stated that the decision of Hon'ble Rajasthan High Court in the case of Rajasthan State Electricity supra is in favour of assessee and also cited the Board's instruction No.7 dated 01.08.2002 and directed the AO to grant interest u/s.244A of the Act on the refund amou....