Thursday, April 9, 2015

[aaykarbhavan] Assessee can't claim interest on refund if there is no delay on part of department in granting refund



Assessee can't claim interest on refund if there is no delay on part of department in granting refund

April 10, 2015[2015] 56 taxmann.com 13 (Andhra Pradesh and Telangana)/[2015] 370 ITR 205 (Andhra Pradesh and Telangana)(MAG.)
IT : Where there was no delay on part of department in making refund after furnishing indemnity bond by assessee, no interest on refund was allowable
 
Regards
Prarthana Jalan


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


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