Refund of Excess Compulsory Deposits and Advance Tax Deposits allowed with interest upon application under scheme The amendment permits refunds with interest, on application, where a deposit under specified subsections exceeds the additional surcharge payable or where ... Summary
Refund of Excess Compulsory Deposits and Advance Tax Deposits allowed with interest upon application under scheme
The amendment permits refunds with interest, on application, where a deposit under specified subsections exceeds the additional surcharge payable or where a person liable for advance tax has made a deposit for the relevant financial year; such refunds are to be made in the manner the Central Government thinks fit.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.