Engineers India Ltd. v. Commissioner of Income-tax
[Citation -2017-LL-0706-16]
| Citation | 2017-LL-0706-16 |
|---|---|
| Appellant Name | Engineers India Ltd. |
| Respondent Name | Commissioner of Income-tax |
| Court | SUPREME COURT |
| Relevant Act | Income-tax |
| Date of Order | 06/07/2017 |
| Judgment | View Judgment |
| Keyword Tags | self-assessment |
| Bot Summary: | The issue pertains to grant of interest under Section 244A of the Income Tax Act which is decided by the High Court vide impugned judgment against the assessee. The impugned judgment of the High Court reveals that another judgment of the Coordinate Bench of the same High Court in the case of Commissioner of Income Tax v. Sutlej Industries Ltd., 325 ITR 331 was cited wherein the view taken was that in such circumstances the assessee would be entitled to interest under Section 244A of the Income Tax Act on the refund of the self-assessment tax. The High Court further did not agree with the aforesaid view and made the following observation: Signature Not Verified Digitally signed by ASHWANI KUMAR Date: 2017.07.18 11:10:09 IST Reason: 35. We are informed that subsequently in the case of Sutlej Industries Ltd. V. Commissioner of Income Tax pending before the High Court, the High Court has referred the matter to a larger Bench. In these circumstances, we set aside the impugned judgment of the High Court and remand the appeal back to the High Court for its afresh decision along with ITA Nos. Ms. Anil Katiyar, AOR UPON hearing the counsel the Court made the following ORDER The appeal is disposed of in terms of the signed order. Pending application(s), if any, stands disposed of accordingly. |