Provisional refund register: require entries where tax paid exceeds tax payable, prompting prompt provisional assessment and refund. Maintain and periodically scrutinise a prescribed register to record provisional refund applications and returns where tax paid or deemed to be paid under ... Summary
Provisional refund register: require entries where tax paid exceeds tax payable, prompting prompt provisional assessment and refund.
Maintain and periodically scrutinise a prescribed register to record provisional refund applications and returns where tax paid or deemed to be paid under specified tax chapters exceeds tax payable by a specified amount; if regular assessment is unlikely within six months, make provisional assessment and grant refund unless withholding of refund is justified. Existing provisional refund procedures remain, and register columns may be modified.
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