The assessee filed the ITR 7 in Time But the assessee forget to file form No.10 before the filing of ITR. It was\u00a0 condoned by the commission of Income tax exemption.<\/p>\n
The assessee was assessed U\/s 143(3). The AO determined the tax after disallowing the exemption to the tune of Income was to file filed in Form No.10.<\/p>\n
The assessee filed an appeal, The appeal was accepted by the CIT(A) because the Form No.10 was condoned by CIT Exemption.<\/p>\n
In the meanwhile the AO adjusted Refunds of various years to cover up the demand.<\/p>\n
Now the ITO is denied the interest on refund adjusted, Original TDS for the year under consideration, and\u00a0 Regular demand deposited by the assessee.<\/p>\n
Q1. Is this falls within section 244A(2) in the form No.10 was filed late.<\/p>\n
Q2. Is the assessee entitled to interest on refunds of various years adjusted.<\/p>\n
q3.Is the assessee entitled to additional interest @3%\u00a0 as per section 244A(3).<\/p>\n
Kindly guide<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[1275],"qa_category":[23],"qa_tag":[1365],"class_list":["post-59658","qa","type-qa","status-publish","hentry","qa_expert-law-intern","qa_category-income-tax","qa_tag-additional-interest-u-s-244a1a"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/59658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=59658"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59658"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=59658"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=59658"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=59658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}