Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2004 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2004 (8) TMI 61 - GUJARAT HIGH COURTIn this petition under article 226 of the Constitution, the petitioner has prayed for a direction to the respondents, particularly the appropriate authority (under Chapter XX-C), to pay the petitioner interest at the rate of 18 per cent. per annum on the apparent consideration amount for the period from July 31, 1992 till December 3, 1992 when the petitioner was paid apparent consideration of Rs. 30,56,218 after certain deductions. The claim is made under subsection (4) of section 269UG - petition is partly allowed. The respondents are directed to pay the petitioner interest at the rate of 6 per cent, per annum on the amount of Rs. 30,56,218 for the period from September 1,1992 to November 30,1992.
|