9911796707
TMI Blog2019 (4) TMI 783X X X X Extracts X X X X X X X X Extracts X X X X ..... COMMISSIONER OF INCOME-TAX AND OTHERS [2006 (1) TMI 55 - SUPREME COURT] having been taken away by the later decision of Hon'ble Supreme Court in the case of CIT Vs. Gujarat Fluoro Chemicals [2013 (10) TMI 117 - SUPREME COURT] we remit the matter back to the learned Tribunal to decide the Appeals again in accordance with law, in view of the later decision of the Hon'ble Supreme Court and the amend ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... there is no inordinate delay in payment of refund? 2. The learned Tribunal relying upon the earlier decision of the Supreme Court in the case of Sandvik Asia Ltd., Vs. CIT (280 ITR 643) (SC) dismissed the Revenue's Appeals. Paragraph No. 3 of the Tribunal order is quoted below for ready reference:- 3. We have heard the rival submissions in the light of material placed before ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by insertion of Section 244A of the Act, the Hon'ble Supreme Court has clarified that it is only the interest provided for under Section 244A of the Act which may be claimed by the Assessee on the refunds and no other interest can be claimed by the Assessee. Paragraph No. 8 of the said Judgement of the Hon'ble Supreme Court is quoted below for ready reference:- 8. Further it is bro ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
