Addition for interest U/s. 244A cannot be made in absence of intimation regarding grant of interest

Denis Chem Lab Ltd. Vs ACIT (ITAT Ahmedabad)

With regard to confirming the addition for a sum of Rs.46,960/- being interest u/s.244A on Income Tax Refund for Y.2009-10 is concerned. AO during the course of assessment proceeding on verification of the details generated through Income Tax Department noticed that appellant received Rs.46,960/- on 01/03/20 12 as interest u/s.244A of the Act on

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