Tax Refund Interest Taxed at 20% u/s 115A; Assessee Contests Rate, Claims 15% Under DTAA Article 11.

Refund by the Income-tax Department which included interest - Revenue taxed it at 20% as per section 115A as per Article 24 of Indo-Singapore DTAA wheres assessee claimed taxation of such interest @ 15% as per Article 11 of the DTAA - Action of revenue sustained - AT .....

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