TMI BlogGovernment Must Pay Interest on Excess TDS Refunds Despite Lack of Express Statutory Provision.Interest on refund of TDS - The Government, there being no express statutory provision for payment of interest on the refund of excess amount/tax collected by the Revenue, cannot shrug off its apparent obligation to reimburse the deductors lawful monies with the accrued interest for the period of undue retention of such monies ..... X X X X Extracts X X X X X X X X Extracts X X X X
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