Demand of interest on the differential amount of tax - There can ...
Case Laws VAT and Sales Tax
February 24, 2022
Demand of interest on the differential amount of tax - There can be no waiver of interest for default period as such tax ought to have paid at the time of filing of return. By paying tax pursuant to revision of assessment, the petitioner is not doing a favour to the revenue. The petitioner is merely paying the tax which ought to have been earlier. Thus, there is no merit. - HC
View Source