Delay in refund

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 August 2013 I submitted

13 August 2013 .Humour----
There will be no delay from the next year onward as -
.
Section 234(F) is likely to be promulgated
by the next Budget.
.

Through this new Section a Late Fee of Rs 250/- per day will be provided to the assessee by the responsible department officials in case there is a delay in issuing refund to the assessee.
.
Will you like such provision in the IT Act ???
.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries