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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Revision u/s 263 - allowing of interest on interest u/s 244A - ...


PCIT's Order u/s 263 Validated: No Excessive Delay in Granting Interest Refund u/s 244A.

January 20, 2020

Case Laws     Income Tax     AT

Revision u/s 263 - allowing of interest on interest u/s 244A - there is no delay which could be said to be inordinate delay on the part of the revenue in granting refund. - Accordingly, the order passed by ld. PCIT fulfils the twin condition of section 263 of the Act.

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