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Case Law Details

Case Name : DCIT Vs IDBI Bank Ltd. (ITAT Mumbai)
Appeal Number : I.T.A. No. 2080/Mum/2023
Date of Judgement/Order : 30/10/2023
Related Assessment Year : 1997-98
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DCIT Vs IDBI Bank Ltd. (ITAT Mumbai)

ITAT Mumbai held that the amount of interest u/s. 244A of the Income Tax Act is to be calculated by first adjusting the amount of refund already granted towards the interest component and balance left if any shall be adjusted towards the tax c

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