Adjustment of refunds granted for computing of interest u/s 244A ...

Income Tax

November 5, 2023

Adjustment of refunds granted for computing of interest u/s 244A - the manner in which the assessing officer has adjusted the refund is not correct and that the assessee would be entitled for interest on the unpaid refunds in accordance with the principle laid out in the aforesaid decision of Tribunal. AO is directed to compute interest under section 244A as per the claim of the assessee after giving a proper opportunity of being heard. - AT

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Adjustment of refunds granted for computing of interest u/s 244A ...

Income Tax

November 5, 2023

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