Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights January 2014 Year 2014 This

Interest on the refund for the period of delay u/s 244A - ...

Income Tax

January 1, 2014

Interest on the refund for the period of delay u/s 244A - interest is payable on account of the amount in excess of what is payable was remaining with the revenue and not for the delay caused by the revenue in determining the refund of the amount - HC

View Source

 


 

You may also like:

  1. Amendment of section 244A. - additional interest on refund - where a refund arising out of appeal effect is delayed beyond the time prescribed under subsection (5) of...

  2. Interest u/s 244A - The rectification order dated 31.07.2020 having failed to calculate interest u/s 244A (which is automatic unless delay is attributable to assessee’s...

  3. Payment of interest u/s 244A on the amount of refund payable to the assessee - CIT(A) concluded that the claim of ‘interest’ by the respondent for the refund amounts to...

  4. Interest on the delayed refund u/s 244A(2) - Section 244A of the Act itself mandates that, if the delay in refund is attributable to the assessee, wholly or in part, it...

  5. Interest on delayed refund u/s 244A - TDS was not required to be deducted by the employer - once there is a refund and if there is a delay, interest is payable - There...

  6. Interest in terms of Section 244A - When an order of refund is issued, the same should include interest payable on the amount, which is refunded. If the refund does not...

  7. Interest u/s 244A on delayed refund - the interest on the delayed refund becomes part of the principle amount and the delayed interest includes the interest for not...

  8. Interest payable u/s 244A(1)(b) on refund of excess amount – interest is payable from the date of payment of the tax on self-assessment to the date of refund of the...

  9. Interest u/s 244A OR 132B(4) - not refunding the seized amount - Sections 132B and 244A of the Act are independent provisions and are not over-lapping. Rather, Section...

  10. Interest u/s 244A - Delay in granting refund - refund due to excess self assessment tax paid - Assessee is eligible for interest u/s 244A for the entire period for which...

 

Quick Updates:Latest Updates