Addition towards interest u/s. 244A on income tax refund - in ...

Case Laws Income Tax

May 14, 2019

Addition towards interest u/s. 244A on income tax refund - in mercantile system of accounting same is to be taxed in the assessment year under consideration as the income was accrued and received by the assessee - cannot postpone on the reason that it would be withdrawn or reduced by the Department subsequently - If there is withdrawal or reduction, the remedy lies elsewhere and not at this stage

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Addition towards interest u/s. 244A on income tax refund - in ...

Case Laws Income Tax

May 14, 2019

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