https://www.taxtmi.com/acts?id=50982 The substituted sub section permits the Assessing Officer to withhold a refund arising after a return or response to notice where payment would likely adversely affect revenue, provided the Assessing Officer obtains the previous approval of the Chief Commissioner or Commissioner; specified grounds include a notice for assessment being issued or likely to be issued, the order being subject to appeal or further proceeding, or any other pending proceeding, and the refund may be withheld until the period the Chief Commissioner or Commissioner determines. en-us Thu, 17 Apr 2025 16:57:53 +0530 Thu, 17 Apr 2025 16:57:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50982 The substituted sub section permits the Assessing Officer to withhold a refund arising after a return or response to notice where payment would likely adversely affect revenue, provided the Assessing Officer obtains the previous approval of the Chief Commissioner or Commissioner; specified grounds include a notice for assessment being issued or likely to be issued, the order being subject to appeal or further proceeding, or any other pending proceeding, and the refund may be withheld until the period the Chief Commissioner or Commissioner determines. Act-Rules F. Acts / Amendment Acts Thu, 17 Apr 2025 16:57:53 +0530 https://www.taxtmi.com/acts?id=50982