TMI BlogInterest on the refund u/s 27A - the Explanation to Section 27A makes it clear that the orders passed by...Interest on the refund u/s 27A - the Explanation to Section 27A makes it clear that the orders passed by the Commissioner (Appeals) and the Appellate Tribunal are also deemed to be orders passed u/s 27(2) - even if the ACC rejects an application for refund u/s 27(2), the moment the said order is set aside on first appeal or second appeal, the order merges - assessee is entitled to interest from the date of expiry of 3 months of the date of application ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
