{"id":30775,"date":"2022-11-25T13:35:19","date_gmt":"2022-11-25T08:05:19","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=30775"},"modified":"2022-12-03T06:18:42","modified_gmt":"2022-12-03T00:48:42","slug":"interest-on-refunds-u-s-244a1a-2","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/interest-on-refunds-u-s-244a1a-2\/","title":{"rendered":"INTEREST ON REFUNDS U\/S 244A(1A)"},"content":{"rendered":"<p>Assessment u\/s 143(3) for asst year 2006-07 was made on 31\/3\/2008.Assessee paid demand determined.Notice u\/s 148 was issued and 143(3)\/147 order passed on 31\/12\/2009 and new demand raised.Assessee paid the demand within 30 days and gone to appeal.In appeal the CIT(A) gave major relief in 2012\/ITAT gave major relief in 2015.<br \/>\nNow the AO give appeal effect orders in FEBRUARY 2022 for both CIT(A) \/ITAT ORDERS but interest u\/s 244A\/244A(1A) was given at 6 pc per annum.<br \/>\nMy query is whether interest u\/s 244A(1A) of additional 3 percent interest per annum is applicable to assessee.<br \/>\nQ 1)Why the same was not granted.<br \/>\nQ2)What is the remedy available to assessee.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[139],"qa_category":[23],"qa_tag":[748,550,250,730],"class_list":["post-30775","qa","type-qa","status-publish","hentry","qa_expert-research-team","qa_category-income-tax","qa_tag-interest-on-refunds","qa_tag-interest-refunds","qa_tag-refund","qa_tag-sectio"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/30775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=30775"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=30775"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=30775"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=30775"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=30775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}