Guidelines for admitting belated refund claims.

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..... ficers can admit belated refund claims u/s 237 of the Income-tax Act even in cases where refund may arise as a result of excess Advance tax payments. This order is effective from 1.8.88. 2. Board have decided that in such cases i. where the refund is less than Rs.1,000/- the Assessing Officer shall obtain prior approval of Commissioner of Income-tax before entertaining a belated refund claim. i .....

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