Refund of tax paid on original assessment becomes due on date when Commissioner passes order u/s 263.

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....ent order u/s 263 and directs the framing of a fresh assessment, refund of tax paid on the original assessment becomes due on the date when the Commissioner passes the order u/s 263. 2. The Board have been advised that an order of the Commissioner u/s 263 is an integral order and effect has to be given to both the parts of the order, i.e. cancellation of the assessment as well as completion of fr....