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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Interest u/s.139 (8) – Rectification of order u/s 154 - the ...


High Court clarifies "month" u/s 139(8) of Income Tax Act as 30 days for interest calculations.

January 2, 2013

Case Laws     Income Tax     HC

Interest u/s.139 (8) – Rectification of order u/s 154 - the word 'month' is to be taken to mean a period of 30 days - The mistake was obvious and apparent and was rectifiable mistake - HC

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