Omission of claiming advance tax does not bar Section 244A interest: ITAT Pune

Den Discovery Digital Networks Private Limited Vs ACIT (ITAT Pune) The appeal by Den Discovery Digital Networks Pvt. Ltd. against the CIT(A)/NFAC order for AY 2014-15 concerns the denial of interest under Section 244A of the Income Tax Act, 1961, on advance tax inadvertently unclaimed in the original income tax return. The assessee, engaged in cable television distribution, filed its return declaring income of ₹2.49 crore. However, it inadvertently omitted claiming credit of advance tax of ₹20 lakh. The assessment under Section 143(3) completed in 2017 recorded the declared income and iss...