Sec 244-A (Interest payable to assessee)
(Guest)
My Question is related to section 244-A :
Q. Assessee has received refund of Rs.23853 for A.Y. 2008-09 ,
Date of Assessment Order is 05/12/09, details of tax deposited are:-
1.Advance Tax Rs.22000=00 and (payments are made on time)
2.TDS Rs. 1853=00.
(His Tax liability for A.Y. 2008-09 is NIL, Return of Income has been
filed before the due date)
A.O. has given Interst U/s-244A of Rs.200=00 (as per Asstt. Order)
1) Whether Interest given by A.O. U/s-244A is Correct? And
2) If A.O. is wrong What is the remedy ?
CAclubindia
