Income Tax Department To Pay Interest On Delayed TDS Refund

New Delhi/Nagpur: The Income Tax Department will now add interest to delayed refunds made against excess TDS (tax deducted at source) deductions and will also not litigate with the deductor on this issue in the future. The Central Board of Direct...

by Nagpur Today | Published 9 years ago
By Nagpur Today On Wednesday, April 27th, 2016

Income Tax Department To Pay Interest On Delayed TDS Refund

New Delhi/Nagpur: The Income Tax Department will now add interest to delayed refunds made against excess TDS (tax deducted at source) deductions and will also not litigate with the deductor on this issue in the future. The Central Board of Direct...