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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Entitlement to interest u/s 244A paid by them u/s 140A - The ...


High Court affirms taxpayers' right to interest on refunds u/s 244A, even if not paid u/s 156 demand.

December 18, 2015

Case Laws     Income Tax     HC

Entitlement to interest u/s 244A paid by them u/s 140A - The explanation does not give room for an interpretation that if a person has paid money otherwise than by way of demand u/s 156, he is not entitled to interest on refund u/s 244A - HC

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