Computation of Interest payable to assessee.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....fter 31.3.1975 in pursuance of any order of assessment or penalty and the assessee has become entitled to refund in respect of such amount as a result of an appeal or other proceedings under the Act, interest becomes payable on the refundable amount from the date the excess amount was paid to the date on which refund is granted. 2. In the course of study conducted by the D.O.M.S., it was noticed ....