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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Taxability of Interest received u/s 244A - held that:- interest ...

Income Tax

December 14, 2012

Taxability of Interest received u/s 244A - held that:- interest on refund under section 244A(1) granted to the assessee in the proceedings under section 143(1)(a) would be assessable in the year in which it is granted and not in the year in which proceedings under section 143(1)(a) attain finality. - AT

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