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Amendment of section 244A.

Clause 77 - Bill - DIRECT TAXES - Income-tax - Bill - Clause 77 - 77. In section 244A of the Income-tax Act,- (i) after sub-section (1A), the following sub-section shall be inserted, namely:- (1B) Where refund of any amount becomes due to the deductor in respect of any amount paid to the credit of the Central Government under Chapter XVII-B, such deductor shall be entitled to receive, in addition to the said amount, simple interest thereon calculated at the rate of one-half per cent. for every m .....

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