{"id":31039,"date":"2022-12-07T11:09:31","date_gmt":"2022-12-07T05:39:31","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-punjab-and-sind-bank-2022-447-itr-289-218-dtr-231-328-ctr-874-delhihc\/"},"modified":"2023-03-23T05:36:51","modified_gmt":"2023-03-23T00:06:51","slug":"pcit-v-punjab-and-sind-bank-2022-447-itr-289-218-dtr-231-328-ctr-874-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-punjab-and-sind-bank-2022-447-itr-289-218-dtr-231-328-ctr-874-delhihc\/","title":{"rendered":"PCIT v. Punjab and Sind Bank (2022) 447 ITR 289 \/ 218 DTR 231\/ 328 CTR 874 \/(2023) 290 Taxman 479  (Delhi)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the Revenue the Court held that the Department had not disputed that the payment of interest by the assessee under section\u00a0234D(2)\u00a0and section\u00a0220(2)\u00a0was in pursuance of the demand raised and which demand subsequently had been found to be incorrect and the money had become due and payable by it to the assessee. (AY.2001-02)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 244A : Refunds-Interest on refunds-Reduction in income on Recomputation-Interest claimed does not tantamount to interest on interest-Obligation of  department to grant interest. [S. 2(28A), 143(3), 154, 220(2), 234D(2), 244A(1)(b)] <\/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-31039","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-84D","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31039","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=31039"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31039\/revisions"}],"predecessor-version":[{"id":33347,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/31039\/revisions\/33347"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=31039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=31039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=31039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}