ITAT orders to grant Interest on Refund under Section 244 of the Income Tax Act, 1961 to Tata Steel [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai ordered the AO to grant interest under Section 244 of the Income Tax Act, 1961 to the Tata Steel Limited. In this case, the AO had finally adjusted the refund of Rs. 23,91,54,333/- against demand raised on the assessee, M/s Tata Steel Limited. The issue raised in this […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2ZiGu7U