Statutory refund interest requires correction of short computation and compensation where admitted interest remains unpaid through administrative dela...
AO and the CIT (A) are not on the same page for levy of penalty u/s 271 (1)(c) of the Act. Further, mere disallowance of a claim will not automatically attract the levy of penalty - AT
AO and the CIT (A) are not on the same page for levy of penalty u/s 271 (1)(c) of the Act. Further, mere disallowance of a claim will not automatically attract the levy of penalty - AT
Note: It is a system-generated summary and is for quick reference only.