Delhi HC mandates interest on interest in Advance Tax refund case, following SC and Gujarat HC, writ petition granted The Delhi HC ruled in a writ petition on the refund of excess Advance Tax, addressing interest on interest. The court held that interest on interest ...
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Delhi HC mandates interest on interest in Advance Tax refund case, following SC and Gujarat HC, writ petition granted
The Delhi HC ruled in a writ petition on the refund of excess Advance Tax, addressing interest on interest. The court held that interest on interest should be paid, following precedents from the SC and Gujarat HC. The writ petition was disposed of in favor of the petitioner.
The Delhi High Court ruled in a writ petition regarding the refund of excess Advance Tax. The refund was made along with interest, but the dispute was about interest on interest. The court held that interest on interest should be paid based on previous Supreme Court and Gujarat High Court decisions. The writ petition was disposed of in favor of the petitioner.
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