Checking of refund cases - Income Tax - 562/CBDT

INSTRUCTION NO. 562/CBDT Dated : June 27, 1973 Para 17, Chapter XVII of Income-tax Department Office Manual Vol.II Section II, Page 169 provides that: The staff of the Inspecting Assistant Commissioner during inspection of an Income-tax Circle should adopt the following procedure in checking refunds granted: (i) All Refund cases where the refund is Rs.500 or above must be checked: refunds of below Rs.500 must be 10% test-checked. (ii) All vouchers exceeding Rs.1,000 which have been issued during any year should also be checked and initialled by the Inspecting Assistant Commissioner and he should comment on the delays in disposal of the refund applications and excess or short refunds in Inspection Reports. The number of refund cases involved in (i) and (ii) above is often very large. It has, therefore been decided that the limits prescribed in the above para may be raised to Rs.5,000. Para 17 therefore, stands modified accordingly As the cases now to be checked by Inspecting Assistant Commissioner will be much smaller in number, the Board desires that instructions contained in Para 17, Chapter XVII of Income-tax Department Office Manual should be scrupulously followed.