https://www.taxtmi.com/acts?id=3338 Section 241 previously empowered the assessing authority to withhold a tax refund where, in the officer's opinion, the refund's grant was likely to adversely affect revenue because an order was under appeal, further proceedings or other proceedings were pending, or an assessment notice was likely; exercise of the power required prior approval of the Commissioner or Chief Commissioner and could be withheld for the period determined by that approving authority. The provision has since been omitted from the statute. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 17:05:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3338 Section 241 previously empowered the assessing authority to withhold a tax refund where, in the officer's opinion, the refund's grant was likely to adversely affect revenue because an order was under appeal, further proceedings or other proceedings were pending, or an assessment notice was likely; exercise of the power required prior approval of the Commissioner or Chief Commissioner and could be withheld for the period determined by that approving authority. The provision has since been omitted from the statute. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3338