Dec 2 (Reuters) - India Resources Ltd IRL.AX :
* Successful appeal to Indian tax assessment IRL.AX
* Swan Gold Mining obtained outcome in its appeal against assessment by Indian tax office (ITO) of a 345m INR ($7.2M) tax liability in relation to 2011/12 FY
* Commissioner of income tax (commissioner) held that there was no income in the hands of the payee and accordingly no tax was payable by Swan
* IRL, through Swan, estimates that it is owed $0.62M in tax deducted at source plus interest for financial years 2011/12 to 2014/15
* Says IRL will now actively pursue the refund of the amounts withheld
* Commissioner's decision also enables irl to progress discussions with various parties in relation to funding for IRL's Aravali lead-zinc project
Source text for Eikon ID:nASX8BGkxx