Byju’s Second Rights Issue for Raising Funds Halted by NCLT  ||  Byju’s Second Rights Issue for Raising Funds Halted by NCLT  ||  Gau. HC: Party Can Invoke Arbitration Despite Alternative Remedy Available Under RERA Act  ||  Mad. HC: Sexual Harassment at Workplace a ‘Continuing Offence’ If Causes Constant Trauma and Fear  ||  Delhi High Court: U/S 9 of Arbitration and Conciliation Act, 1996, Scope of Inquiry is Limited  ||  Meghalaya High Court: Bail Plea Rejected Despite Delay in Trial  ||  Pat. HC: After Commen. of Trial, Amen. of Pleadings Allowed if Required to Arrive at Just Conclusion  ||  Gau. HC: If Delay in Filing Matri. Appeal Not Satisfactorily Expl., Bar Against Remarriage Not Applic  ||  Bombay High Court: Release of Film "Shaadi Ke Director Karan Aur Johar" Restrained  ||  Mad. HC: Separate Norms for Transgender Persons in Employment and Education    

No Revenue appeals against interest on refund of excess TDS- (Ministry of Finance ) (26 Apr 2016)


Direct Taxation

The Central Board of Direct Taxes issued a notification stating that no appeals are to be filed against interest be claimed by a tax deduct on refund of excess TDS. It reiterated an earlier judgment of the Supreme Court wherein it was held, “Refund due and payable to the assessee is a debt-owed and payable by the Revenue.”

Relevant : Circular dated 23.10.2007 MANU/DTCR/0014/2007 Circular dated 20.4.2000 MANU/DTCR/0006/2000


Share :        

Disclaimer | Copyright 2024 - All Rights Reserved