Tax Department Must Refund Excess Payments, Applies to Section 10(10C) Exemption Claims in Revised Returns.

Tax Department Must Refund Excess Payments, Applies to Section 10(10C) Exemption Claims in Revised Returns. https://www.taxtmi.com/highlights?id=40555 Exemption u/s 10(10C) claim in the revised return - When the Income Tax Department has the power to demand payment of tax, where there is a deficit, it is equally a bounden duty to refund the payment of excess tax also. en-us Sun, 29 Jul 2018 12:57:42 +0530 Sun, 29 Jul 2018 12:57:42 +0530 TaxTMI RSS Generator Tax Department Must Refund Excess Payments, Applies to Section 10(10C) Exemption Claims in Revised Returns. https://www.taxtmi.com/highlights?id=40555 Exemption u/s 10(10C) claim in the revised return - When the Income Tax Department has the power to demand payment of tax, where there is a deficit, it is equally a bounden duty to refund the payment of excess tax also. Highlights Income Tax Sun, 29 Jul 2018 12:57:42 +0530 https://www.taxtmi.com/highlights?id=40555