Monday, April 27, 2015

[aaykarbhavan] Assessee has to pay interest on demand sustained in remand proceedings if he fails to pay initial demand



Assessee has to pay interest on demand sustained in remand proceedings if he fails to pay initial demand

April 27, 2015[2015] 56 taxmann.com 289 (Delhi - Trib.)
IT: Where assessee did not satisfy initial demand raised in original assessment proceedings, it was liable to pay interest under section 220(2) on tax demand sustained in remand proceedings carried out as per Tribunal's directions
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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