S.244A Interest payable on refund of excess self assessment tax

Brief of the Case Calcutta High Court held  that clause (1)(b) of Section 244A is residual in nature which prescribes interest on refund from the date of payment of tax in cases which are not covered by Section 244A(1)(a). Necessarily, it will cover interest on refund of excess self-assessment tax paid by the assessee. The explanation to section 244A (1)(b) would have no application since the tax in question was not paid consequent to any notice of demand u/s. 156, rather it was paid self assessment tax u/s 140A. Hence according to mandate of section 244A(1)(b), interest is payable on refund ...