TMI Blog2008 (12) TMI 753X X X X Extracts X X X X X X X X Extracts X X X X ..... er of Income Tax Appellate Tribunal, Chandigarh Bench 'B' passed in ITA No.588/CHANDI/2004 dated 17.3.2008 for the assessment year 2002-03, proposing to raise following question of law:- Whether on the facts and in the circumstances of the case, the Honble ITAT is right in upholding the order of the CIT (A) which is not based on a correct appreciation of the facts of the case and more ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his regard is placed on the judgement of Hon ble Supreme Court in the case of Central Provinces Manganese Ore Co. Ltd. vs. CIT, 160 ITR 961. Since the tax has been deducted and paid to the Govt. account, then assessee shall be granted interest from the 1st day of assessment year under reference till the refund was granted to the assessee. In any case, whether interest should be paid from the 1st d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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