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Income Tax - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

Interest on refund of TDS - The Government, there being no ...

Income Tax

June 21, 2017

Interest on refund of TDS - The Government, there being no express statutory provision for payment of interest on the refund of excess amount/tax collected by the Revenue, cannot shrug off its apparent obligation to reimburse the deductors lawful monies with the accrued interest for the period of undue retention of such monies

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