Claim For Refund Of Interest Tax

This application is filed by the applicant who is the principal officer of the person residing in India to the appropriate authority claiming refund of interest tax from the credit institution,which was computed in the assessment year for the previous year. The amount of interest tax computed was found to be excess in amount which was paid by the applicant and later on it was found to be excess hence such application was made.

LAWS INVOLVED:

1. Provisions of interest tax act.

2. Provisions of IT act 1961.

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