C.A. No. 003521 / 2014

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# Primary Holding Under Section 244A(1)(b) of the Income Tax Act, 1961, a resident deductor is entitled to interest on refund of tax deposited pursuant to an order under Section 195(2), as such refund constitutes a refund "due to the assessee" within the Act's contemplation, and the Explanation restricting interest to demands under Section 156 does not exclude payments made under statutory directions in other proceedings.