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Income Tax

Date from which interest payable, if assessee himself submits revised return of self-assessment of his income u/s. 140A?

Case Law Details

Case Name
Commissioner of Income-tax, Ranchi Vs Misrilal Jain (Jharkhand High Court)
Date of Judgement/Order
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HIGH COURT OF JHARKHAND Commissioner of Income-tax, Ranchi Versus Misrilal Jain TAX APPEAL NO. 8 OF 2002 NOVEMBER 7, 2012 ORDER 1. Heard learned counsel for the parties. 2. We are not going into the details of facts, in view of the reason that the question of law involved in this Tax Appeal requires no detailed consideration of facts because of the reason that the facts are not in dispute, which are relevant for the purpose of deciding this appeal. 3. The respondent-assessee submitted his self-assessed returns of income, quantifying at Rs. 1,44,74,480/-. Assessee’s income was assessed Rs...
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