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TMI Blog2016 (8) TMI 1398X X X X Extracts X X X X X X X X Extracts X X X X ..... unt of interest u/s 244A of the Act, we are of the view that this issue requires fresh examination at the end of the AO. In the decisions relied upon by the assessee, the Tribunal has followed the decision rendered in the case of India Trade Promotion Organisation Vs. CIT [2013 (9) TMI 451 - DELHI HIGH COURT] and accordingly given direction to the AO to follow the said decision. Consisted with the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the Act. The Ld CIT(A) confirmed the same by following his order passed in the first round of proceedings. Aggrieved, the assessee has challenged the order passed by Ld CIT(A) on this issue. 3. The Ld A.R submitted that this issue has been decided in favour of the assessee in AY 2006-07, wherein the Tribunal has followed the decision rendered in the assessee s own case in ITA No.1498/Mum/2011 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f tax due in each of the successive orders. The Ld A.R submitted that the entire amount of refund (both tax and interest) granted should be first adjusted against the interest portion that has become due and then the remaining amount, if any, should be adjusted against the tax portion of the refund that has become due. In support of his contentions, the Ld A.R placed reliance on the decision rende ..... X X X X Extracts X X X X X X X X Extracts X X X X
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