Applicability of Interest u/s. 234D to A.Y. commencing before 1-6-2003

Interest u/s. 234D will also apply to A.Y. commencing before 1-6-2003 if the regular assessment reducing refund completes on or after 1-6-2003 IN THE ITAT MUMBAI BENCH ‘L’ Income-tax Officer, Ward-10(3)(4) v. Strides Arcolab Ltd. IT Appeal NO. 6487 (MUM.) OF 2004 c.o. no. 132 (Mum.) of 2005 [ASSESSMENT YEAR 2001-02] AUGUST 3, 2012 ORDER R.S. Syal, Accountant Member  This appeal by the Revenue and cross objection by the assessee arise out of the order passed by the Commissioner of Income-tax (Appeals) on 15.06.2004 in relation to the assessment year 2001-2002. 2. F...