India Income Tax Appellate Tribunal Holds Interest is Due on Refund of Tax Withheld in Error

The Bangalore Income Tax Appellate Tribunal (ITAT) recently issued two related orders regarding the payment of interest on the refund of tax withheld in error under the 1989 tax treaty with the United States. The cases involved an Indian company, Infosys BPO Ltd., which is engaged in the business of providing business process outsourcing services. In 2015, Infosys made a series of payments to t…
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