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Income Tax - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Granting interest on interest on the delayed refund - ...


Taxpayer's Claim for Interest on Delayed Refund Denied; Tribunal Decision Finalized Refund, Delay Condonation Rejected.

November 22, 2019

Case Laws     Income Tax     AT

Granting interest on interest on the delayed refund - admittedly, the claim for refund is crystallized only after decision of the Tribunal and the application is made by the assessee to the CBDT for condonation of delay. - Claim of assessee was rightly rejected.

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