M/S SANTHIMADOM AYURNIKETHAN HEALTH RESORT & RESEARCH INSTITUTE TRUST,KOCHI vs. ACIT CENTRAL CIRCLE -2, KOCHI

In the result, the assessee’s appeals are allowed for statistical purposes

Bench: Shri Sanjay Arora & Ms. Kavitha Rajagopal

TDS. The issue arose in the context of s. 214, providing for interest payable by the Government on refund of advance tax, where paid in excess. The refund to the assessee of such excess, it explained, is of the tax. This change in character was not stand altered on the assessment being subsequently set aside. The interest to the assessee