Corporate guarantee invocation in insolvency petition: enforceability upheld, conditional sanction letter not a novation, limitation not barred after ...
NPCI-based bank account validation for IEC applications and modifications enables real-time validation; incorrect details block submission or trigger ...
Creation/Invocation of pledge of securities through depository system: standardized pledge forms, notice requirement and invocation notifications to p...
Calendar Spread margin benefit for Single Stock Derivatives suspended on expiry day for expiring contracts; exchanges must implement systems and rule ...
Interest on income-tax refunds under s.244A(1) and s.244A(1A) was held to be computable up to the actual date of refund payment, not merely up to the date of the effect-giving orders, since refunds were paid months later; consequently, the taxpayer was entitled to additional statutory interest for the intervening period on the refund amounts for the relevant assessment years. Separately, where s.244A(1A) interest had been determined but remained unpaid for an extended period, the taxpayer was held entitled to interest on such delayed payment of interest, payable in accordance with s.244A at 6% p.a. from the stipulated date until payment. - HC
Interest on income-tax refunds under s.244A(1) and s.244A(1A) was held to be computable up to the actual date of refund payment, not merely up to the date of the effect-giving orders, since refunds were paid months later; consequently, the taxpayer was entitled to additional statutory interest for the intervening period on the refund amounts for the relevant assessment years. Separately, where s.244A(1A) interest had been determined but remained unpaid for an extended period, the taxpayer was held entitled to interest on such delayed payment of interest, payable in accordance with s.244A at 6% p.a. from the stipulated date until payment. - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
