Unlock Advanced Research with PRISMAI Integrated with over 4 crore judgments and laws — designed for legal practitioners, researchers, students and institutions - Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ... Upgrade to Premium Document Options Get in PDF Print it! [Cites 0, Cited by 0] [Section 16B(4)] [Section 16B] [Entire Act] Union of India - Subsection Section 16B(4)(ii) in The Gift-Tax Act, 1958 (ii)in a case where the interest is reduced, the excess interest paid, if any, shall be refunded.