9911796707
TMI Blog2004 (4) TMI 38X X X X Extracts X X X X X X X X Extracts X X X X ..... ontention is raised by learned counsel for the petitioner that the assessee is also entitled to get interest under section 244(1A). It is required to be noted that after hearing the matter, learned counsel did not press this issue and, therefore, this petition is required to be allowed only to the aforesaid extent that is to say, that the assessee is entitled to interest under section 244(1A) in r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -------------------------------------------- 1. Rs. 67,12,797 by way of tax and interest Section 139(8) 1,05,927 Section 216 49,557 Section 220(2) 10,66,591 ------------------------------------------------------- The Assessing Officer has thereafter separately calculated the amount of interest payable to the assessee under section 244(1A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... A) in respect of interest payments under sections 215, 217 and 220(2) of the Income-tax Act, 1961?" The court after considering various decisions finds the question in favour of the assessee and against the Revenue and we find no reason to take a different view. The contention is raised by learned counsel for the petitioner that the assessee is also entitled to get interest under section 244(1 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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