Home Case Index All Cases Income Tax Income Tax + SCH Income Tax - 2023 (8) TMI SCH This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2023 (8) TMI 230 - SCH - Income TaxEntitlement of department to collect interest u/s 234D - whether the statutory provisions entitle the Department to limit the interest from the date of claim of deduction, the allowance of which lead to refund? - As per HC AO made out the case of delay in refund for any period attributable to the assessee disentitling for interest. So much so, the officer has no escape from granting interest to the assessee in terms of s. 244A(1)(a) - Also belated claim of provision for bad debt u/s 36(1)(vii)(a) by the assessee will not justify denial of interest otherwise eligible u/s 244A(l)(a) from 1st April, 1999 to 10th Jan., 2001 - HELD THAT - The Appeals stand dismissed as withdrawn.
Title: Supreme Court Judgment Citation: 2023 (8) TMI 230 - SC Order
Judges: HON'BLE MR. JUSTICE M. R. SHAH And HON'BLE MR. JUSTICE C. T. RAVIKUMAR Representation: Appellant represented by Mr. Anand Sukumar, Adv. Respondent represented by Mr. Balbir Singh, A.S.G. Decision: Appeals dismissed as withdrawn.
|