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Delay in refund

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 August 2013 I submitted
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
13 August 2013 .Humour----
There will be no delay from the next year onward as -
.
Section 234(F) is likely to be promulgated
by the next Budget.
.

Through this new Section a Late Fee of Rs 250/- per day will be provided to the assessee by the responsible department officials in case there is a delay in issuing refund to the assessee.
.
Will you like such provision in the IT Act ???
.
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