Including 244a interest
WebSep 9, 2024 · The proviso to section 244A (1)(a) would have no application as the tax paid was self-assessment tax u/s 140A. Hence according to mandate of section 244A(1)(b), … WebAug 3, 2012 · In appeal, CIT (A) directed the AO to recalculate the interest u/s. 244A on the total refund due to the assessee inclusive of interest income and further directed to …
Including 244a interest
Did you know?
WebJul 29, 2015 · S. 244A (1) (b) is a residual provision under which interest on refund of excess payment of self-assessment tax is payable to the assessee. Such interest is also payable … WebJul 21, 2012 · The Delhi High Court held that for this purpose, Sec. 240 was relevant which referred to refund of ‘any amount becoming due to an assessee’ and that the said phrase …
WebAug 12, 2024 · Solution: According to section 234B mentioned above, interest @ 1% will be calculated on the taxes due for a period of 4 months (April, May, June & July), considering … WebDec 13, 2014 · The respodent had claimed that as per the provision of section 244A of the Act, the department is required to pay a simple interest of .5% per mensen on the original amount of refund from the first date of Assessment Year till the date of issuance of refund.
WebApr 27, 2016 · Subject:- Payment of interest on refund under section 244A of excess TDS deposited under section 195 of the Income tax Act, 1961- reg. The procedure for refund of tax deducted at source under section 195 of the Income tax Act, 1961, to the person deducting the tax is delineated in CBDT Circular No. 7/2007 dated 23.10 .2007. Webperiod of 5 months. Interest will be levied at 1% per month on Rs. 8,400 (*) for 5 months. Thus, interest under section 234A will come to Rs. 420. (*) Advance tax of Rs. 15,000 and …
WebTo sell, lease, exchange, transfer, assign or otherwise dispose of any real or personal property, or any interest therein acquired for the purpose of NRS 244A.597 to 244A.655, inclusive, including the lease of any recreational facility acquired by the county under the provisions of NRS 244A.597 to 244A.655, inclusive, which is to be operated ...
WebThe Bombay High Court has rendered its decision that interest granted under section 244A of the ITA cannot be recovered by the Revenue authority under the Direct Tax Vivad se … east broughton stationWebApr 11, 2024 · Find many great new & used options and get the best deals for [Paul Smith] Muffler Stripe (Purple) ACXA 244A V07 PA-383 [Parallel Import] at the best online prices at eBay! ... *No Interest if paid in full in 6 months on $99+. ... and unworn item (including handmade items) in the original ... Read more about the condition New with tags: A brand ... east brainerd accidentWebJan 28, 2024 · Re: Interest under 244A and 234D under VSV Scheme. My assessees return was processed for the ay 2015-16 and refund of Rs 172284/- was received including … east berlin pa real estateWebApr 20, 2024 · It is observed that while granting interest u.s.244A (1) (a) (i) due date has been considered as 30th September, 2024 therefore ROI is considered belated one and interest has not been allowed from 1st April,2024. Interest has been allowed as per S.244A (1) (a) (ii) from the date of furnishing of ROI to the date of granting of refund. east brunswick nj to manhattanWebApr 20, 2024 · Section 234A – for levy of interest for ROI filed after due date. due date should be as per order for extending due date and not as mentioned in S.139.1 originally. … east bernard tx catholic churchhttp://www.cavridhi.com/blog/cbdt-notifies-tax-return-form-form-itr-u-and-the-manner-to-furnish-updated-return/ east canyon auto body portlandWebJan 28, 2024 · My assessees return was processed for the ay 2015-16 and refund of Rs 172284/- was received including interest of Rs5166/-.Subsequently the case was selected for scrutiny and a demand was made of Rs 272450/-including interest u/s 234a 9656/-,234b 18744/- ,244a 5166/-,234d 9760/-.The assessee opted for vivad se viswas scheme and … dutch carnival