Showing posts with label Section 5. Show all posts
Showing posts with label Section 5. Show all posts

Saturday, May 14, 2011

Income-tax - Income, accrual of [Section 5] : Interest under section 244(1A) acc

Income-tax - Income, accrual of [Section 5] : Interest under section 244(1A) accrues to assessee only when assessee is found to be eligible for refund of excess tax and it is assessable to tax in assessment year in which such interest is granted to assessee along with refund - [2011] 9 taxmann.com 265 (Ker.)