TMI Blog2003 (2) TMI 514X X X X Extracts X X X X X X X X Extracts X X X X ..... pinion of this Court : Whether, on the facts and in the circumstances of the case and in law the Tribunal was justified in directing the AO to allow interest on excess TDS. amount also despite the fact that interest under s. 214 is only allowable on advance-tax payment ? 2. In this case, the assessee has paid tax to the tune of ₹ 2,72,288 by way of tax deduction at source (TDS). Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his Court in case of CIT vs. Hindustan Engineering Co. (1996) 130 CTR (Raj) 433: (1995) 215 ITR 527(Raj), wherein this Court has taken the view that there is no provision for payment of interest on excess TDS. Even if refund is due on account of excess tax which has been paid in the form of TDS, there is no question of interest on that excess amount, which has been refunded after assessment. 6. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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