Who is entitled to refund in case of insolvency of the assessee ?

CS Executive · Tax Laws and Practice · PYQS · June 2021
Who is entitled to refund in case of insolvency of the assessee ?
(A) His legal representative
(B) The receiver
(C) The liquidator of the company
(D) His agent provided he has been duly authorized by the principal

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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