Refund provisions broadened to include tax collected at source and to align refunds with assessment determinations. The amendment replaces the opening qualifying phrase for refunds with a broader formulation, expressly includes tax collected at source within clause (a) ... Summary
Refund provisions broadened to include tax collected at source and to align refunds with assessment determinations.
The amendment replaces the opening qualifying phrase for refunds with a broader formulation, expressly includes tax collected at source within clause (a) for refund calculations, and inserts cross-references in the proviso and the third sub-section to relevant assessment and reassessment provisions so that refund orders align with those assessment determinations.
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