Assessee Entitled to Tax Refund u/s 240 if Paid Tax Exceeds Chargeable Tax on Reported Income.

Assessee Entitled to Tax Refund u/s 240 if Paid Tax Exceeds Chargeable Tax on Reported Income. https://www.taxtmi.com/highlights?id=17421 Applicability of section 240 - Refund on appeal – Block assessment - the assessee was only entitled to the refund of tax paid in excess of the tax chargeable on the total income returned by the assessee. - SC en-us Mon, 24 Feb 2014 08:20:03 +0530 Mon, 24 Feb 2014 08:20:03 +0530 TaxTMI RSS Generator Assessee Entitled to Tax Refund u/s 240 if Paid Tax Exceeds Chargeable Tax on Reported Income. https://www.taxtmi.com/highlights?id=17421 Applicability of section 240 - Refund on appeal – Block assessment - the assessee was only entitled to the refund of tax paid in excess of the tax chargeable on the total income returned by the assessee. - SC Highlights Income Tax Mon, 24 Feb 2014 08:20:03 +0530 https://www.taxtmi.com/highlights?id=17421