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 ??? .