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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

Any mistake or inadvertence or on account of ignorance any ...


Tax-Exempt Income Mistakenly Taxed? Inform Authorities for Potential Refund or Relief.

April 27, 2013

Case Laws     Income Tax     AT

Any mistake or inadvertence or on account of ignorance any income which is exempt from payment of tax or is not an income within the contemplation of law it may be brought to the notice of the assessing authority, which, if satisfied, may grant him relief or refund the taxes paid in excess, if any. - AT

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