https://www.taxtmi.com/highlights?id=52680 Claim of Refund and Interest on Refund - Unjust enrichment - amount claimed as refund was not charged to the profit and loss account but retained in 'receivables' account - Assessing Authority has completely lost sight of this exercise and has proceeded merely on the basis of accounting entries, the methodology of accounting followed by the petitioner and as to whether the duty had been reflected in the 'receivables' or 'profit and loss' accounts. en-us Wed, 01 Apr 2020 14:38:19 +0530 Wed, 01 Apr 2020 14:38:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52680 Claim of Refund and Interest on Refund - Unjust enrichment - amount claimed as refund was not charged to the profit and loss account but retained in 'receivables' account - Assessing Authority has completely lost sight of this exercise and has proceeded merely on the basis of accounting entries, the methodology of accounting followed by the petitioner and as to whether the duty had been reflected in the 'receivables' or 'profit and loss' accounts. Highlights Customs Wed, 01 Apr 2020 14:38:19 +0530 https://www.taxtmi.com/highlights?id=52680