| |
| The Tax Publishers2020 TaxPub(DT) 4781 (Mad-HC) INCOME TAX ACT, 1961
Section 244A(1)
Since issue of adjustment of interest under section 244A was not specifically considered by the CIT(A) and the Tribunal, matter was remanded for consideration afresh.
|
Refund - Interest under section 244A (1) - Computation -
Assessee filed appeal against the order of Tribunal holding that the interest under section 244A is not payable on the amount determined as refundable for the period for which there was a delay as there was no inordinate delay in the grant of refunds. Held: Issue regarding adjustment of interest was not specifically considered by the CIT(A) and the Tribunal. Therefore, matter was remanded for consideration afresh.
REFERRED :
FAVOUR : Matter remanded
A.Y. : 2007-08
 SUBSCRIBE FOR FULL CONTENT
|