Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1985 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1985 (7) TMI 168 - AT - Income TaxAssessment Order, Assessment Year, Interest On Delayed Refund, Interest On Refund, Original Assessment, Set Off
The judgment is an appeal regarding the rejection of an assessee's claim for interest under section 243 of the Income-tax Act, 1961. The assessee's claim was rejected as there was no delay in issuing the refund after a rectification order. The appellate tribunal upheld the decision, stating that interest on refund is only payable if there is a delay after the rectification order, not based on the original assessment order date. The appeal was dismissed.
|