Section 436 — Correctness of assessment not to be questioned
Old Act equivalent: Section 241 of IT Act 1961 Sub-part: Chapter XX—Refunds
Statutory Text
- In a claim under this Chapter, it shall not be open to the assessee to question the correctness of any assessment, or other matter decided which has become final and conclusive, or ask for a review of the aforesaid assessment or matter; and the assessee shall not be entitled to any relief on such claim except refund of tax wrongly paid or paid in excess. Interest on refunds.
Provisos
None.
Explanations
None.
Tables
None.
Key Structure
- Applies to: Refund proceedings.
- Conditions: Correctness of assessment cannot be challenged in refund proceedings; only excess payment can be claimed.
- Time limits: None.
- Monetary limits: None.
- Exceptions: None.
Cross-References
None identified.
Amendment Notes
None noted from the extracted pages.