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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Interest on Refund u/s 244A - inordinate delay in grant of ...


Court Denies Appeal for Interest on Tax Refund Due to Delay; No Provisions in Section 244A Provide Compensation.

June 2, 2018

Case Laws     Income Tax     AT

Interest on Refund u/s 244A - inordinate delay in grant of refund - in absence of any specific provisions in the Income tax Act, for allowance of interest on refund or compensation for the delayed period of refund of interest, we are constrained to hold that the appeal of the assessee cannot be allowed.

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