Adjustment of Refund order "Payment to Income tax" through Refund Banker - Regarding - Income Tax - 80

AST - Instruction No.80, Dated: 4-8-2010 Tel. No.: 011-23593179 Fax: 011:23615679 DIRECTOREATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 [ F.No. SW/3/9/2009-10/DIT(S)-III 5783 5844 Dated: 4-8-2010] Subject: Adjustment of Refund order Payment to Income tax through Refund Banker - Regarding. Sir/ Madam, Hitherto, refunds to taxpayers were sent through Refund Banker whereas adjustment Refund Order's in favour of I.T. Deptt. continued to be issued manually. Of late, many banks have switched over to fully automated system of clearance are refusing to accept paper cheque in favor of I.T. Deptt. To overcome above difficulty, a functionality is being provided in the Refund Banker module to send adjustment Refund Order in favour of I.T. Deptt through Refund Banker. Enclosed Manual explains the provisions of new functionality. However there will be no change in handling FBT refunds which are payable to Income Tax. This may be brought to the knowledge of all officers working in your charge. Yours faithfully, (HarishKumar) DIT (Systems)-III New Delhi