Levy of interest u/s 220(2) - such cash seized/ offered to ...

Court Rules Seized Cash Can Settle Tax Liability u/s 220(2) of Income Tax Act; Not in Default.

January 18, 2018

Case Laws Income Tax AT

Levy of interest u/s 220(2) - such cash seized/ offered to settle the cash liability, should have been accepted and assessee should be deemed to have made the payment specified in the demand notice within the period of limitation as provided u/s 220(1); and cannot be treated in default for not making the payment - AT

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Levy of interest u/s 220(2) - such cash seized/ offered to ...

Court Rules Seized Cash Can Settle Tax Liability u/s 220(2) of Income Tax Act; Not in Default.

January 18, 2018

Case Laws Income Tax AT

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