Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Refunds: Issue Within 30 Days, Calculate Interest Until Signature Date, Prioritize Refunds to Minimize Interest.</h1> Instruction No. 07/2002, dated August 1, 2002, outlines procedures for issuing tax refunds. Refunds requiring administrative approval must be issued within 30 days of determination. Interest under section 244A should be calculated up to the date of the refund's signature by the assessing officer. A monthly report on the number of refunds issued, pending refunds, and interest paid under section 244A is required. Returns with payable refunds should be prioritized to minimize interest payments. These instructions are for immediate compliance by all relevant offices and officials.
TaxTMI 
TaxTMI 
