{"id":15417,"date":"2021-03-02T12:23:51","date_gmt":"2021-03-02T06:53:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-solan-district-truck-operators-transport-co-op-society-2020-428-itr-33-2021-276-taxman-250-hphc\/"},"modified":"2021-03-02T12:23:51","modified_gmt":"2021-03-02T06:53:51","slug":"pcit-v-solan-district-truck-operators-transport-co-op-society-2020-428-itr-33-2021-276-taxman-250-hphc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-solan-district-truck-operators-transport-co-op-society-2020-428-itr-33-2021-276-taxman-250-hphc\/","title":{"rendered":"PCIT v. Solan District Truck Operators Transport Co-Op. Society (2020) 428 ITR 33 \/ (2021) 276 Taxman 250 (HP)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue\u00a0 the Court held that\u00a0 interest on delayed refund becomes part of the principal and the delayed interest includes the interest for not refunding the principal. Accordingly, it also includes the interest on the delayed refund.\u00a0 Followed\u00a0 \u00a0CIT v. HEG LTD.\u00a0<a href=\"http:\/\/www.taxlawsonline.com\/%5b2010%5d%20324%20ITR%200331\">[2010] 324 ITR 331<\/a>\u00a0(SC), ( AY.1999-2000)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 244A : Refund-Interest on refunds-Interest is payable on delayed payment on refunds. [S. 237]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-15417","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-40F","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=15417"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15417\/revisions"}],"predecessor-version":[{"id":15418,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15417\/revisions\/15418"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}