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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Set off of Interest on Income Tax Refund with Interest charged ...


Tribunal Rules on Set-Off of Interest on Tax Refund Against Interest on Tax Demands for Same Assessee.

November 9, 2019

Case Laws     Income Tax     AT

Set off of Interest on Income Tax Refund with Interest charged on income tax demands - It was a peculiar situation between the Assessee and the Department. The Tribunal has followed the similar exercise in the case of very Assessee on the prior occasion as well.

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