§ 95. Major STEELasked the Chancellor of the Exchequer whether an Income Tax payer who has lodged a claim for repayment of tax is granted interest if claimed on the amount of the claim, if it is allowed, from the date of claim till the date of repayment?
Mr. YOUNGThere is no provision in the law for the payment of interest in respect of moneys owing to or by the Exchequer on account of Income Tax.