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Income Tax - Highlights / Catch Notes

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Claiming interest u/s 244A on the excess tax deposited by the ...


Assessee Can Claim Full Interest on Excess Self-Assessment Tax Without 10% Threshold u/s 244A.

April 4, 2023

Case Laws     Income Tax     AT

Claiming interest u/s 244A on the excess tax deposited by the assessee under self-assessment - From the reading of the provisions of section 244A as were applicable to the AY under appeal it is unambiguous that minimum limit of 10% of refund would not be applicable on payment of interest on refund. - AT

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