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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Amendment of section 244A. - interest on refund - an assessee ...


Section 244A Amended: Assessees Now Earn Interest on Self-Assessment Tax Refunds from Payment Date to Refund Date.

March 2, 2016

Act Rules     Bill

Amendment of section 244A. - interest on refund - an assessee shall be eligible to interest on refund of self-assessment tax for the period beginning from the date of payment of tax or filing of return, whichever is later, to the date on which the refund is granted.

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