Prompt refund issuance required to prevent undue hardship despite absence of interest entitlement under estate duty instruction. The Board directs that refunds under the Estate Duty Act be issued promptly and, in any event, not later than three months from the date of the order ... Summary
Prompt refund issuance required to prevent undue hardship despite absence of interest entitlement under estate duty instruction.
The Board directs that refunds under the Estate Duty Act be issued promptly and, in any event, not later than three months from the date of the order producing the refund; delayed payments by Assistant Controllers of Estate Duty cause undue harassment and there is no statutory provision for payment of interest on delayed refunds.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.