SC: POCSO Guilt Presumption Not Absolute, Acquits Accused || Supreme Court: Promotion Cannot Be Claimed as a Vested Right under Repealed Rules || Supreme Court: Promotion Cannot Be Claimed as a Vested Right under Repealed Rules || SC: Unexplained 5-Day Sample Custody Gap Breached S.52A, Acquits 2 after 20 Years || P&H High Court: Illegal Search Alone Does Not Justify Quashing of Complaint under PNDT Act || Bom HC: Creating WhatsApp Group Without Employer's Permission Not Ground for Compulsory Retirement || Madras HC: Lack of Son’s Moral Support Alone Cannot Sustain Father’s Maintenance Claim under CrPC || Kerala HC: University Professor doesn't Occupy 'Public Office', Quo Warranto Not Maintainable || Bombay HC Allows Cutting of 1,237 Mangroves for Connector Bridge in Mumbai’s Western Suburbs || Calcutta HC Orders Return of 3-Year-Old to Adoptive Couple, he wasn't Abandoned

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

MANU/DTCR/0011/2016

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

Tags : LITIGATION REDUCTION TDS REFUND INTEREST

Share :