Case Law Details
Case Name : The Motor & General Finance Ltd. Vs CIT (Delhi High Court)
Related Assessment Year :
Courts :
All High Courts Delhi High Court
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RELEVANT PARAGRAPH
13. When we examine the facts of the present case, we feel that the aforesaid judgment of the Supreme Court would not come to the aid of the assessee and permit the assessee to claim interest on interest in the given situation. As far as the appeals at hands are concerned, it is not in dispute that on filing the return by the assessee and processing the case under Section 143(1)(a), the excess amount of TDS and advance tax paid by the assessee
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what is the date of assessment order? suppose assessment order date is 15.4.15
then
9855019*6%*1109/365=1796583 total refund= 1,16,51,602( 1-4-2012 to 15-4-15)
nagaraj
For A.Y 2012-13
Return filed – 28.09.2012
Refund due – Rs.98,55,019/-
what will be interest on refund upto 15.04.2015