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Belated refund claims. - Income Tax - 1782/CBDTExtract INSTRUCTION NO. 1782/CBDT Dated: February 5, 1988 I am directed to refer to the general order passed by the Board in exercise of the powers under section 119(2)(b) of the Income Tax Act by Board's F.No.225/201/87/ITA.II dated 5.2.88 by which the monetary limit has been raised in respect of cases in which Income-tax officers can admit belated refund claims u/s 237 of the Income-Tax Act. This order is effective from 10.2.88. 2. Board have decided that in the cases referred to above, where the amount of refund exceeding Rs.1000/- but does not exceed Rs.10,000/- the Income-Tax Officers shall obtain the prior approval of the Chief Commissioner of Income-Tax who will have administrative control over such cases and ensure that the conditions laid down under Board's order under section 119(2)(b)referred to above are fulfilled. It may be added that cases where the refund claim is upto Rs.1,000/- the Income-Tax Officer will continue to obtain the approval of the Commissioner of Income-Tax as per Board's instruction No.1557 dated 24.3.84 and Instruction No.1679 dated 31.12.85 issued from F.No.225/105/83-ITA.II. 3. The above instructions may please be brought to the notice of the officers working under you. 4. Hindi version of this letter follows shortly.
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