https://www.taxtmi.com/circulars?id=8736 The Board instructs that refund proceedings under the Income tax refund provision must be completed expeditiously within the statutory six month period from the date of claim; delays until the end of the general assessment time limit are not permissible where returns or revised returns are filed under the return provisions, because failure to grant refund within six months attracts statutory simple interest payable by the Government. en-us Fri, 11 Sep 1970 00:00:00 +0530 Wed, 25 May 2011 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8736 The Board instructs that refund proceedings under the Income tax refund provision must be completed expeditiously within the statutory six month period from the date of claim; delays until the end of the general assessment time limit are not permissible where returns or revised returns are filed under the return provisions, because failure to grant refund within six months attracts statutory simple interest payable by the Government. Circulars Income Tax Fri, 11 Sep 1970 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8736