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)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)www.taxmann.com Latest Case LawsRead More

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