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2021 (5) TMI 4 - AT - Income TaxRectification of mistake u/s 154 - Non granting interest under section 244A of the Act on the self assessment tax paid - assessee’s refund is arising out of self assessment tax paid - HELD THAT:- This issue is covered by the decision of Hon’ble Bombay High Court in the case of Stock Holding Corporation of India Ltd [2014 (11) TMI 899 - BOMBAY HIGH COURT] this mistake apparent from record can be rectified and it is within the purview of rectification under section 154 of the Act. In our view, once the assessee has paid self assessment tax, in case refund arises it would be entitled to interest under section 244A(1)(b) of the Act on the self assessment tax from the date of payment of self assessment tax till the date of actual payment of refund. Hence, we direct the AO accordingly.
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