Section 234D

Section 234D – Interest on Excess Refund to the Taxpayer

Section 234D : As per Rule 119A, while calculating the interest payable by the taxpayer or the interest payable by the Central Government to the taxpayer under any provision of the Act:Ā  a) where interest is to be calculated on annual basis, the period for which such interest is to be calculated shall be rounded […]

Section 234D – Interest on Excess Refund to the Taxpayer Read More Ā»