https://www.taxtmi.com/article/detailed?id=10234 A new refund route permits persons who have borne tax under an agreement to apply to the Assessing Officer for refund, with an appellate remedy if dissatisfied, replacing the prior exclusive immediate-appeal procedure for payments after the commencement date. Separately, unexplained cash credits will be treated as explained only if the source of funds is also satisfactorily explained in the hands of the creditor or entry-provider, subject to an exception for well-regulated entities and registered venture capital entities. en-us Wed, 02 Feb 2022 09:21:36 +0530 Wed, 02 Feb 2022 09:46:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10234 A new refund route permits persons who have borne tax under an agreement to apply to the Assessing Officer for refund, with an appellate remedy if dissatisfied, replacing the prior exclusive immediate-appeal procedure for payments after the commencement date. Separately, unexplained cash credits will be treated as explained only if the source of funds is also satisfactorily explained in the hands of the creditor or entry-provider, subject to an exception for well-regulated entities and registered venture capital entities. Articles Budget - Tax Proposals Wed, 02 Feb 2022 09:21:36 +0530 https://www.taxtmi.com/article/detailed?id=10234