Tribunal held that assessee was entitled to interest under section 244-A on refund of excess self-assessment tax paid. High court affirmed the order of Tribunal following the ratio in Stock Holding Corporation of India Ltd. v. N.C. Tewari, CIT 373 ITR 282. (AY. 2003-04)
PCIT v. Bank of India (2018) 100 taxmann.com 105 / 259 Taxman 428 (Bom) HC) Editorial : SLP is granted to revenue ; PCIT v. Bank of India (2018) 259 Taxman 427 (SC)
S. 244A : Refund–Interest on refunds–Entitle to interest on refund of excess self assessment tax paid.