Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Page of 4805
Press 'Enter' after typing page number.
1201 to 1220 of 96100 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC held that the petitioner is entitled to statutory interest at 6% per annum on the refund amount, commencing from the day after the expiry of sixty days from the receipt of the refund application until the refund is credited. This aligns with the precedent set by the Coordinate Bench, confirming that interest accrues under Section 56 of the CGST Act, 2017. The Court directed the respondent to pay the interest within two months. The petition was disposed of accordingly.
The HC held that the petitioner is entitled to statutory interest at 6% per annum on the refund amount, commencing from the day after the expiry of sixty days from the receipt of the refund application until the refund is credited. This aligns with the precedent set by the Coordinate Bench, confirming that interest accrues under Section 56 of the CGST Act, 2017. The Court directed the respondent to pay the interest within two months. The petition was disposed of accordingly.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
