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2023 (6) TMI 730 - ITAT AHMEDABADInterest u/s. 244A on self assessment tax paid - Assessee claiming refund - HELD THAT:- As in the present case, the assessee is not claiming interest on interest but claiming the refund and the date on which the refund was granted and received up till that period the interest which the trust is entitled to. The contentions of the assessee was not taken into account fully and the calculation which has been done by the assessee as per Section 244A has not been taken into account either by the AO as well as by the CIT(A). Remand back this matter to the file of the Assessing Officer for proper verification and calculation which was placed by the assessee before the Revenue authorities in consonance with Section 244A of the Act. The contentions of the assessee that the interest component should be taken first and thereafter the principal amount needs verification and the same should be verified by the Assessing Officer.
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