Interest for Full Month on IT refund despite payment on last day of Month

Maruti Suzuki India Ltd. Vs JCIT (OSD) (ITAT Delhi)

The disputes pertain to the sole issue of interest under Section 244A of Income Tax Act, 1961  payable by Revenue to the assessee. Vide impugned appellate order  Ld. CIT(A) expressed the view that interest should be given to the assessee under Section 244A of I.T. Act for the full month even if tax is paid by the assessee on the last day of the month. This direction of the Ld. CIT(A) has been disputed on the ground that payments of tax /

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