Refund procedure reform: withdrawal of refund claims permitted and withheld refunds may be released after prescribed conditions are met. Amendments allow extension of time for revocation of cancellation by senior officers, permit withdrawal of refund applications via a new prescribed form with recrediting of any debited electronic ledgers, exclude from the two year refund limitation the interval between filing and communication of deficiencies where a fresh claim is filed after rectification, and restructure withholding and release orders into distinct parts with a substituted form for both withholding and release.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Refund procedure reform: withdrawal of refund claims permitted and withheld refunds may be released after prescribed conditions are met.
Amendments allow extension of time for revocation of cancellation by senior officers, permit withdrawal of refund applications via a new prescribed form with recrediting of any debited electronic ledgers, exclude from the two year refund limitation the interval between filing and communication of deficiencies where a fresh claim is filed after rectification, and restructure withholding and release orders into distinct parts with a substituted form for both withholding and release.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
