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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Rectification of order u/s 154 - AO disallowed to the assessee ...


AO Rectifies Order u/s 154, Disallows Excess Duty Claim; Interest on Excise Duty Allowed Only on Payment Basis.

June 22, 2015

Case Laws     Income Tax     AT

Rectification of order u/s 154 - AO disallowed to the assessee excess duty, penal interest - interest on excise duty to be allowed to payment basis only and not on accrual basis - Rectification to that extent is valid - AT

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