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2019 (12) TMI 1081 - SCH - Income TaxEntitled to interest on the amount refunded by the Department u/s 244A - HELD THAT:- As relying on nion of India Vs. Tata Chemicals Ltd. [2014 (3) TMI 610 - SUPREME COURT] there is no reason to deny payment of interest to the deductor who had deducted tax at source and deposited the same with the Treasury. In our opinion, this observation squarely applies to the appellant. As a result, we allow this appeal and direct the Department to pay interest as prescribed under Section 244-A of the Income Tax Act as applicable at the relevant time at the earliest.
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