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TMI Blog2025 (5) TMI 1065X X X X Extracts X X X X X X X X Extracts X X X X ..... eja, ARs. For the Respondent : Shree Veerbadram Vislavath, Sr. DR ORDER PER SHRI NARENDRA PRASAD SINHA, AM: This appeal is filed by the assessee against the order of the Commissioner of Income Tax(Appeals), Addl./JCIT(A)-2, Nagpur, (in short 'the Addl. CIT(A)'), dated 30.09.2024 for the Assessment Year 2017-18. 2. The only ground taken in this appeal is as under: "1. On the facts and circum ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on 30.11.2017 declaring total income of Rs.8,70,78,910/-. As per return, the assessee had claimed refund of Rs.3,78,05,460/-. The return of assessee was processed under Section 143(1) of the Income Tax Act, 1961 (in short 'the Act') on 14th March, 2019 wherein refund of Rs.3,69,87,366/- was determined on which interest of Rs.44,38,484/- u/s. 244A of the Act was computed by the system and the tota ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... was eligible to interest u/s. 244A of the Act till the date of credit of the refund in its bank account, which was 2nd July, 2020. The Ld. AR submitted that this issue was raised before the Ld. Addl. CIT(A) vide e-proceeding response acknowledgement dated 7th April, 2022 and an additional ground in this respect was also raised vide submission of the assessee dated 1st July, 2024. However, Ld. Add ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... termined by the system. However, the refund was not issued to the assessee on that occasion. The refund was finally issued only after passing the order u/s. 154 of the Act dated 23rd March, 2020. The assessee had filed a computation sheet for the order u/s. 154 of the Act, as per which, interest of Rs.45,40,384/- was allowed u/s. 244A of the Act. From the computation sheet, it is not evident as to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sdictional AO with a direction to allow interest u/s. 244A of the Act till the date of grant of refund vide order u/s. 154 of the Act i.e. till 23rd March, 2020. The AO is also directed to intimate the assessee with the working of interest allowable u/s. 244A of the Act and consider the objection of the assessee, if any, in this respect; before passing the final order. 6. In the result, the appea ..... X X X X Extracts X X X X X X X X Extracts X X X X
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