Andhra Pradesh H.C :The overdue interest on the demand bills is not chargeable to tax under the Interest Tax Act, 1974

High Court Of Andhra Pradesh CIT, Ap-I, Hyderabad Vs. State Bank Of Hyderabad Section : 2(7) L. Narasimha Reddy And C. Kodanda Ram, JJ. R.C. No. 46 Of 1999 June 10, 2014 ORDER L Narasimha Reddy, J. – This reference is made by the Income Tax Appellate Tribunal, Hyderabad B Bench at the instance of…

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