Interest on delayed tax refunds where delay is not attributable to the taxpayer under Section 244A. Entitlement to interest under Section 244A arises when refund payment is delayed for reasons not attributable to the assessee. The petitioner, a foreign ... Summary
Interest on delayed tax refunds where delay is not attributable to the taxpayer under Section 244A.
Entitlement to interest under Section 244A arises when refund payment is delayed for reasons not attributable to the assessee. The petitioner, a foreign company, faced delays caused by technical issues and incorrect guidance regarding banking details; the court treated the delay as the respondents' responsibility and applied Section 244A to award interest for the period of delay, directing payment according to the statutory rate.
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