Taxpayer Challenges Interest Error u/s 234D; Case Returned for Review Due to Lack of Hearing Opportunity.

Rectification of mistake u/s 154 - Wrong computation of interest u/s 234D - assessee contended that there could not have been any levy of interest u/s 234D when refund was never granted to the assessee - AO was obligated by law to provide opportunity of hearing to the assessee before raising fresh demand. - Matter restored back - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X