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TMI Blog2018 (4) TMI 1661X X X X Extracts X X X X X X X X Extracts X X X X ..... d issued u/s. 156 - HELD THAT:- The impugned order of the Tribunal has held that the Assessee is entitled to interest u/s 244A on the refund of the excess self assessment tax paid by it. This by following the decision of this Court in Stock Holding Corporation of India Ltd., v/s. N. C. Tewari, Commissioner of Income Tax & Others [2014 (11) TMI 899 - BOMBAY HIGH COURT] - No substantial question of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 11) TMI 899 - BOMBAY HIGH COURT]. It may also be pointed out in passing, that the decision of the Delhi High Court in Engineering India Ltd. has been set aside by the Apex Court in Engineers India Ltd., v/s. CIT [2017 (7) TMI 873 - SUPREME COURT] - Decided against revenue X X X X Extracts X X X X X X X X Extracts X X X X ..... u/s. 244(1)(b) of the I.T. Act? (b) Whether on the facts and in the circumstances of the case, the Tribunal was correct in law, in holding that interest u/s.244 A is to be allowed on the self assessment tax refunded to the assessee ignoring the decision of the Delhi High Court in the case of Engineers India Ltd.,(55 Taxman.com1)?" 3 Re. Question (a): (i) We find that the impugned order of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the jurisdictional High Court as held by the Apex Court in East India Commercial v/s. Collector of Customs AIR 1962 (SC) 1893 and this Court in CIT v/s. Thane Electricity Supply Co. Ltd., 206 ITR 727. (iii) Thus, no fault can be found with the impugned order of the Tribunal in allowing the RespondentAssessee's appeal by following the decision of this Court in Stock Holding Corporation (su ..... X X X X Extracts X X X X X X X X Extracts X X X X
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