Daily digest for Gupta Chandan & Associates, on May 9, 2022

posted: "INCOME TAX : As per provisions of section 244A, assessee is entitled to only interest on income tax refund due to assessee upto date of payment of such refund and there is no provision in Act to pay compensation to assessee for certain delay in payment of" Interest on refund u/s 244A can't be granted for delay which arose on account of technical reasons: ITAT May 9 INCOME TAX : As per provisions of section 244A, assessee is entitled to only interest on income tax refund due to assessee upto date of payment of such refund and there is no provision in Act to pay compensation to assessee for certain delay in payment of interest, if such delay is on account of […] Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/interest-on-refund-u-s-244a-cant-be-granted-for-delay-which-arose-on-account-of-technical-reasons-itat/ Powered by Jetpack