Consequential refund well in time to avoid payment of interest.

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..... a result of appellate orders, so that the government did not have to pay interest for delays beyond the specified period. Sec.244 of I.T.Act has been amended by the Taxation Laws(Amendment Act), 1970 to provide that w.e.f 1-4-71, interest payable by Government on delayed refunds consequent on appellate orders, will be payable after a period of 3 months from the end of the month in which the releva .....

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