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2017 (4) TMI 1619 - AT - Income TaxCompensation for issuing delayed refund assessee - AO had not granted additional compensation on the interest receivable u/s. 244A - HELD THAT:- After considering the decision of Gujarat Flouro Chemicals [2012 (8) TMI 740 - SUPREME COURT] as elaborated in the findings of the ld. CIT(A) we find that Ld.CIT(A) was justified in his decision as in the above case the Hon’ble Supreme Court has decided that section 214 of the act does not provide for payment of compensation by the revenue , therefore we do not find any reason to interfere in the findings of the ld. CIT(A). Appeal of the assessee is dismissed.
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