Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2016 (2) TMI 670 - BOMBAY HIGH COURT

2016 (2) TMI 670 - BOMBAY HIGH COURT - TMI - Calculation of interest under section 244A - Whether, the Tribunal erred in law in holding that the interest portion of the refund arising out of the order giving effect to appellate authority has to be ignored for the purpose of calculating interest under section 244A? - Held that:- As decided in Commissioner of Income Tax-2, Mumbai Versus M/s. Tata Power Company Ltd. [2015 (8) TMI 87 - BOMBAY HIGH COURT] both the CIT(A) and the Tribunal have on exam .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

fund. - Decided against revenue. - ITA No.2297/2013 & ITA No.194/2014 - Dated:- 9-2-2016 - M. S. Sanklecha And B. P. Colabawalla, JJ. For the Petitioner : Mr Suresh Kumar For the Respondents : Mr Mandar Vaidya with Mr Shrihari Iyer ORDER P. C. 1. Mentioned. Income Tax Appeal No.194 of 2014 not on board. Counsel for the parties state that this Appeal arises out of a common order dated 3rd July 2013 of the Income Tax Appellate Tribunal. In fact, Income Tax Appeal No.2297 of 2013 raising identi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

estions of law arising in both Appeals for our consideration:- "(1) Whether the Tribunal was correct in law in holding that the interest portion of the refund arising out of the order giving effect to appellate authority has to be ignored for the purpose of calculating interest under section 244A to the assessee?" "(2) Whether the Tribunal was correct in law in interpreting provisions of section 244A of the Income Tax Act 1961?" 4. It is an agreed position between the parties .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version