Friday, February 19, 2021

Interest u/s 220 for being an assessee-in-default is to be levied for the period of stay as well

INCOME TAX : Interest under section 220(2) was chargeable upon assessee even during period of stay of demand granted by Assessing Officer as interest is mandatorily leviable under section 220(2)

from www.taxmann.com Latest Case Laws https://ift.tt/3ucsHNx
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