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TMI BlogCBDT’s commitment to clear all refunds by March 31 2011 has been breachedX X X X Extracts X X X X X X X X Extracts X X X X ..... CBDT’s commitment to clear all refunds by March 31 2011 has been breached - News and Press Release Dated:- 5-4-2011 - News - From the desk of Chairman,CBDT S.N. 31/April 2 ,2011 It is a matter of great anguish, desperation dejection that despite repeated requests, reminders alerts from the CBDT, we have failed in our commitment to issue all pending refunds of A. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Y. 10-11 before the close of the year. What is even more discouraging is that towards the last week of March, a slew of our colleagues had stopped entering the paper refund Returns on the system under the belief that once they enter the refund Returns, refunds would come in the radar of the systems monitoring. Are CCITs / CITs aware of it? What is most depressing is that as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... against the total processing of 2.5 lacs Returns as on 31 st March, on 1 st April only 30,000 Returns have been processed registering a decline of above 80%. No member of the income tax family can feel happy about it. Should the Board presume that most of the CCITs, CITs, Addl / Jt CITs, DC / ACITs, ITOs have not taken the commitment seriously? Once again all the offi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cers staff are requested / advised to ensure to clear all refunds of AY 10-11 by April 10 2011 to enable the CBDT to keep its commitment. This is put on record that hereafter NO LAXITY / INERTIA WOULD BE TOLERTED. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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