Refund withholding changed: subjective revenue-risk discretion removed and replaced by a time-limited hold on refunds. The amendment removes the subjective revenue-risk ground for withholding refunds and inserts a temporal limitation after the provision authorising ... Summary
Refund withholding changed: subjective revenue-risk discretion removed and replaced by a time-limited hold on refunds.
The amendment removes the subjective revenue-risk ground for withholding refunds and inserts a temporal limitation after the provision authorising withholding, converting an indefinite discretion to withhold into a constrained, time limited hold under the income-tax refund procedure.
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