M/s Modi Builders AND Realtors (P) Ltd., vs. Asst. Commissioner of Income tax,
The appeals are disposed of
ITTA/167/2012HC Telangana21 May 2025
Bench: P.SAM KOSHY,NARSING RAO NANDIKONDA
Section 244ASection 260A
6.
Secondly, it should be clarified that the interest payable on the
refund stands quantified on the date when the refund was
issued/granted by the respondent. The quantum or the calculation of
interest does not and has not undergone a change or modification.
Interest has not accrued or is not payable by the Revenue after they
have made payment
