The petitioner filed the declaration showing the amount refundable to the petitioner . The Designated Authority reduced the amount of refund adjusting the interest granted under section 244A of the Act . On writ allowing the petition the Court held that the amount payable by the assessee could not be increased by withdrawing interest already granted under section 244A of the Act .
Mantelone Investment Ltd v. CIT ( 2021 ) 323 CTR 129/ 207 DTR 79/ ( 2022) 440 ITR 111 ( Bom) (HC).
Direct Tax Vivad Se Vishwas Act , 2020
S. 2(1)(j):Disputed tax – Tax arrear- Amount payable by the assessee could not be increased by withdrawing interest already granted under section 244A of the Act . [ S. 2(1)(o), 3, 7, Income -tax , S. 244A , Art , 226 ]