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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Refunds of tax due to regular assessment proceedings - assessed ...


Taxpayers Entitled to Refunds When Assessed Tax is Lower than Returned Tax; State Cannot Collect Excessive Tax.

February 1, 2017

Case Laws     Income Tax     HC

Refunds of tax due to regular assessment proceedings - assessed tax is lower than returned tax - if it is found that assessee is entitled for refund, the same should be refunded as the State cannot recover the tax more than what is due to it. - HC

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