TMI BlogAssessee Liable for Interest u/s 220(2) of Income Tax Act Due to 2003 Payment Default.Interest u/s 220(2) - assessee was required to pay interest u/s 220(2) as it had not initially satisfied the demand raised in 2003 - interest on refund is to be charged from the date of grant of refund - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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