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.
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Provisions expressly mentioned in the judgment/order text.
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.
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