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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Tax Authorities Urged to Speed Up Refunds Post-Appellate Orders to Cut Interest Costs u/s 244 Amendment.</h1> The circular instructs tax authorities to expedite the processing of refunds resulting from appellate orders to avoid government liability for interest on delayed payments. Following an amendment to Section 244 of the Income Tax Act, 1961, the interest-free period for refunds was reduced from six to three months, effective April 1, 1971. Authorities are urged to ensure that appellate orders are processed promptly, with fortnightly updates from appellate authorities to prevent delays. Persistent delays should be reported to higher authorities for corrective action.