Repayments and interest
27/09/1990
Query
Whether a repayment of Preliminary Tax which was generated by a BES claim made while case not under appeal carries interest
Decision
An overpayment of Preliminary Tax (where PT exceeds the liability) carries interest. This includes where the repayment is generated by a BES claim.
Income Tax
Section 953, Taxes Consolidation Act, 1997
Origin: RLS Division
File ref:IT902030