{"id":13956,"date":"2020-11-22T04:36:10","date_gmt":"2020-11-22T04:36:10","guid":{"rendered":"https:\/\/itatonline.org\/digest\/fis-solutions-india-p-ltd-v-dy-cit-2020-79-itr-656-pune-trib-2\/"},"modified":"2020-11-22T04:36:10","modified_gmt":"2020-11-22T04:36:10","slug":"fis-solutions-india-p-ltd-v-dy-cit-2020-79-itr-656-pune-trib-2","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/fis-solutions-india-p-ltd-v-dy-cit-2020-79-itr-656-pune-trib-2\/","title":{"rendered":"Fis Solutions (India) P. Ltd. v Dy. CIT (2020) 79 ITR 656 (Pune) (Trib)"},"content":{"rendered":"<p>Tribunal held that interest on refund whenever it is granted, is assessable in that year itself and if it is adjusted with any prior tax liability of earlier years and such interest is in turn paid to the Government account that also is payment of interest to the assessee. In such case, there is no need for any intimation separately.( AY.2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 244A : Refund \u2013 Interest on refunds -Intimation \u2014 Assessable in year granted \u2014 If interest adjusted with prior tax liability of  earlier years and paid to Government account \u2014 No need of  separate intimation.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-13956","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3D6","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=13956"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13956\/revisions"}],"predecessor-version":[{"id":13957,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13956\/revisions\/13957"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}