Re: Form 5

Hi sir,

Could you please advise that is there any timeline to issue redund amount mentioned on form 5. How soon i can get refund post receiving form 5.

Regards,

There is no time limit is prescribed however the assessee should get with in reasonable time . The assessee may write to the Designated Authority to   grant the refund with in fifteen days . If no response is received the assessee may write to the Chairman CBDT . Finally if no response is received the   assessee may file writ before High Court .

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