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Interest yax

Started by rajul5234, October 12, 2015, 10:07:07 AM

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rajul5234

Tax appeal 207/2002. Dt. 1/9/15. Guj. H.C.  State bank of india.

Held, interest tax collected from customer is not part of interest for levy of iinterest tax.
Principle of over riding title discussed at length.

R. K. Patel