What are Refunds? Who is Person entitled to claim refund in certain special cases? What is Form of claim for refund and limitation? Section 237, 238 and 239 of Income Tax Act 1961

Refunds Person entitled to claim refund in certain special cases and Form of claim for refund and limitation are defined under section 237, 238 and 239 of Income Tax Act 1961. Provisions under these Sections are :

Section 237 of Income Tax Act "Refunds"

237. If any person satisfies the Assessing Officer that the amount of tax paid by him or on his behalf or treated as paid by him or on his behalf for any assessment year exceeds the amount with which he is properly chargeable under this Act for that year, he shall be entitled to a refund of the excess.

 

Section 238 of Income Tax Act "Person entitled to claim refund in certain special cases"

238. (1) Where the income of one person is included under any provision of this Act in the total income of any other person, the latter alone shall be entitled to a refund under this Chapter in respect of such income.

(1A) Where the value of fringe benefits provided or deemed to have been provided by one employer is included under any provisions of Chapter XII-H in the value of fringe benefits provided or deemed to have been provided by any other employer, the latter alone shall be entitled to a refund under this Chapter in respect of such fringe benefits.

 

(2) Where through death, incapacity, insolvency, liquidation or other cause, a person is unable to claim or receive any refund due to him, his legal representative or the trustee or guardian or receiver, as the case may be, shall be entitled to claim or receive such refund for the benefit of such person or his estate.

 

Section 239 of Income Tax Act "Form of claim for refund and limitation"

239. (1) Every claim for refund under this Chapter shall be made 3[by furnishing return in accordance with the provisions of section 139].

(2) 4[***].