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of <h1>Commissioners Cannot Entertain Supplementary Refund Claims Post-Assessment u/s 264 of Income-tax Act, 1961.</h1> Supplementary refund claims cannot be entertained by Income-tax Officers after the assessment is finalized, as per section 242 of the Income-tax Act, 1961. A query was raised regarding whether the Commissioner of Income-tax could consider such claims under section 264. The Board has advised that the Commissioner is not authorized to use section 264 to entertain supplementary refund claims.
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