Disposed
Northern India Machinery Stores Pvt. Ltd. v. Income Tax Officer Ward 18(4)
Delhi HCW.P.(C)/11216/2015
Case brief
AI extract
What is this about?
The High Court of Delhi disposed of the writ petition arising from the conclusion that no interest is payable on a tax refund under the proviso to Section 24(1)(a) of the Income Tax Act when the refund is less than 10 percent of the tax determined on regular assessment.
What did the court decide?
No further orders; the writ petition is disposed of.