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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Seeking interest on return of seized cash after adjustment of ...

Income Tax

February 9, 2019

Seeking interest on return of seized cash after adjustment of tax - in terms of the Explanation to Section 244A(1)(b) the amount was the excess tax (on change of its character from seized amount to tax paid), the petitioner is entitled to interest.

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