Interest on delayed refunds - Section 243

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... income is determined under this Act, and * (b) in any other case, within three months from the end of the month in which the claim for refund is made under this Chapter, * the Central Government shall pay the assessee simple interest at 15% per annum on the amount directed to be refunded from the date immediately following the expiry of the period of three months aforesaid to the date of the o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X