Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Interest on refund - the wording of Section 42(1) of DVAT Act is unambiguous which talks of the two dates i.e. date the refund was due to be paid to the person and “until the date‟ on which the refund is “given‟ - The word “given‟ should mean, the date on which the refund amount is actually received by the Petitioner and not the date on which the refund order is issued - directed to pay interest
Interest on refund - the wording of Section 42(1) of DVAT Act is unambiguous which talks of the two dates i.e. date the refund was due to be paid to the person and “until the date‟ on which the refund is “given‟ - The word “given‟ should mean, the date on which the refund amount is actually received by the Petitioner and not the date on which the refund order is issued - directed to pay interest
Note: It is a system-generated summary and is for quick reference only.