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TMI Blog2021 (2) TMI 649X X X X Extracts X X X X X X X X Extracts X X X X ..... or Standing Counsel JUDGMENT M.DURAISWAMY, J. The above appeal arises against the order dated 29.06.2012 passed by the Income Tax Appellate Tribunal "A" Bench in I.T.A.No.758/Mds/ 2012 in respect of the assessment year 2002-03. 2.It is the case of the appellant that they are engaged in the business of manufacture of brake assemblies and automobile components. For the assessment year 2003-04 un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ection given by the CIT, the Assessing Officer passed an order under Section 143(3) read with Section 263 on 18.12.2007, determining the total income at Rs. 26,52,33,550/-. The assessee preferred an appeal against the said order before the CIT (Appeals) and the Appellate Authority, by order dated 24.04.2008, partly allowed the appeal. While giving effect to the order of CIT (Appeals), the order da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2.2012 rejected the contentions of the assessee holding that the interest under Section 244A is to be granted only if there is inordinate delay in the granting of refund. Aggrieved by the order of the CIT (Appeals), the assessee preferred an appeal to the Income Tax Appellate Tribunal and the Tribunal, by its order dated 29.06.2012, confirmed the order of the CIT (Appeals) and dismissed the appeal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the appellant and Mr.T.Ravikumar, learned senior standing counsel for the respondent. 5.The learned counsel appearing for the appellant submitted that in similar circumstances, in respect of the same assessee, the Hon'ble Division Bench of this Court, by its judgment dated 20.03.2019 in T.C.A.Nos.813, 814, 816 to 819 of 2009, following the judgment of the Hon'ble Supreme Court reported i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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