SET OFF OF REFUNDS AGAINST TAX REMAINING PAYABLE - STRICT COMPLIANCE OF SECTION 245 BEFORE MAKING ANY ADJUSTMENT OF REFUND

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndamus for action by the Income Tax Department. One Mandamus is on compliance of section 245 of the Income-tax Act, 1961 . 2. The Hon'ble High Court in this context had issued interim directions vide its order dated 31-8-2012 as under: "13. We issue interim direction to the respondents that they shall in future follow the procedure prescribed under section 245 before making any adjustment .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... th the above directions of the Hon'ble Court, CPC Instruction No. 1 dated 27.11.2012 was issued explaining the step by step procedure for adjustment of refunds to be followed by Assessing Officers and CPC, followed by the DIT(Systems)-III letter dated 30.1.2013. 4. Vide its final order in the Writ Petition dated 14.3.2013, the Hon'ble High Court in para 24 has confirmed its interim order and .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ould respond to CPC within 45 days from the date of communication of issuance of notice u/s 245 by the CPC to the Assessing Officer. 6. I am further directed to state that the above be brought to notice of all officers working under your jurisdiction for necessary and strict compliance. [F. NO. 312/55/2013-OT] - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X