Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 12 2015 2015 (12) This

Central Board of Direct Taxes (CBDT) issues directions for expediting pending refunds below ₹ 50,000/ for Assessment Year(s) 2013-14 and 2014-15 in all cases except those selected for scrutiny

7-12-2015
  • Contents

Press Information Bureau

Government of India

Ministry of Finance

07-December-2015 15:20 IST

The Income-tax Department is committed to improving taxpayer services and redressing grievances in a timely manner.

The status of outstanding refunds was reviewed recently. Following the review, Central Board of Direct Taxes (CBDT) has issued directions to its field formations to expedite the issue of pending refunds below ₹ 50,000/ for assessment years 2013-14 and 2014-15 in all such cases which have not been selected for scrutiny. The field formations and the Central Processing Centre (CPC), Bengaluru have been directed to complete the process as early as possible.

This initiative is expected to significantly reduce taxpayer grievances and enhance the taxpayer satisfaction.

The communication is available on the website of the Department at www.incometaxindia.gov.in

*****

DSM/KA

Quick Updates:Latest Updates