Wrongful Deposit of TDS By Employer: Gauhati HC Denies Interest u/s 244A of Income Tax Act [Read Order]

The court further observed that Section 244 A of the Act of 1961 cannot be made applicable to the present facts.
By Yogitha S. Yogesh - On November 13, 2024 1:23 pm - 2 mins read
Gauhati HC - Gauhati High Court - Income Tax Act - Wrongful Deposit - TDS - Income Tax - Gauhati HC Denies - Interest - Section 244A of the Income Tax Act - taxscan

The Gauhati High Court has held that interest on refund under Section 244A of the Income Tax Act, 1961 applies only to those cases where refund is delayed by the Income Tax Department and declined interest to construction contractor whose TDS was deposited in the wrong PAN number by the Defence Ministry’s Border Roads Organisation,…

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