Case Law Details
Transpek Si-lox Industry Ltd Vs Dy. CIT (ITAT Ahemdabad)- Mistake apparent from record must be obviously and patent and not something which can be established by a long drawn process of reasoning on points on which there may conceivably be two opinions. A decision on a debatable point of law is not a mistake apparent from the record as held by Honourable Supreme Court in the case of T.S. Balaram, ITO Vs. Volkart Brothers, 82 ITR 50 (SC).
Interest under s 234D — Section introduced with effect from 12 June 2003 and is applicable for any refund granted after this date, irrespective of the assessment year.
Transpek Silox Industry Ltd v Dy. CIT
ITAT BENCH ‘D’ AHMEDABAD
ITA No. 12/Ahd/2009
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