No interest u/s 220 if amount on which interest was charged gets extinguished during appellate proceeding: HC

INCOME TAX : As per proviso to sub-section (2) of section 220, once amount on which interest was charged gets extinguished, consequently liability to pay interest on said amount would also be extinguishedINCOME TAX : As per proviso to sub-section (2) of section 220, once amount on which interest was charged gets extinguished, consequently liability to pay interest on said amount would also be extinguishedwww.taxmann.com Latest Case LawsRead More

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