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2013 (11) TMI 147 - AT - Income TaxInterest on excess tax collected – Held that:- In case of order u/s 143 interest has to be paid from the date of payment of tax to the date on which the refund is granted - If there is delay in the proceedings for reasons attributable to the assessee, the period of such delay should be excluded - The proceedings before the Assessing Officer, the learned Commissioner of Income-tax (Appeals) and the Income-tax Appellate Tribunal is a continuous process - the assessment proceedings didn’t got delayed due to the assessee's failure to submit the details before the authorities – interest allowed from the date of payment of tax - Decided in favour of assessee.
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