No information in respect of Interest on Income Tax Refund to tax available at time of filing Return of Income: ITAT deletes Penalty [Read Order]

By Aparna. M - On October 10, 2023 7:45 am - 2 mins read
No information - respect - Interest - Income Tax Refund - tax available - time of filing Return of Income - ITAT - deletes Penalty - taxscan

The Income Tax Appellate Tribunal (ITAT) Mumbai bench while deleting the penalty imposed under Section 270A  Income Tax Act, 1961 observed that no information received was by assessee in respect of interest on income tax refund to tax available at time of filing return of income. Kavita Jasjit Singh, the taxpayer filed the return of…

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