Only simple interest on refund of TDS/Advance tax if refund is paid along with interest within the prescribed time period

RELEVANT PARAGRAPH 13. When we examine the facts of the present case, we feel that the aforesaid judgment of the Supreme Court would not come to the aid of the assessee and permit the assessee to claim interest on interest in the given situation. As far as the appeals at hands are concerned, it is not in dispute that on filing the return by the assessee and processing the case under Section 143(1)(a), the excess amount of TDS and advance tax paid by the assessee was refunded along with interest under Section 244A within the prescribed time period. When the assessment orders were passed under S...