Court :
HC
Brief :
Held by the Hon`ble Bench that section 244A(1)(b) applies to "in any other case" which includes refund of tax as a result of payment of self assessment tax. It is further provided that interest shall be payable on the amount held and utilised by the government in excess of the amount of tax due, thus the assessee was entitled to interest u/s 244A on excess amount paid u/s 140A.
Citation :
Addl. C.I.T. Vs. Grindwell Norton Ltd
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