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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Interest u/s 244A of the Act - merely there is a delay in ...


Taxpayer Entitled to Interest on Delayed Refunds u/s 244A, But Not on Accrued Interest Amounts.

March 10, 2014

Case Laws     Income Tax     AT

Interest u/s 244A of the Act - merely there is a delay in payment of the refund, the assessee is entitled to interest as per the provisions u/s 244A and not interest on interest - AT

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