In
an initiative to reduce taxpayer grievances and enhance the taxpayer
satisfaction, the Central Board of Direct Taxes had issued instructions to
Central Processing Center (CPC), Bengaluru and the field officers in December,
2015 to issue refunds of amounts less than Rs.50,000/- expeditiously.
As
a result of the special drive to issue smaller refunds, 18,28,627 refunds below
Rs.50,000/- involving a sum of Rs.1,793 crore have been issued
between 1st December, 2015 and
10th January, 2016. These refunds relate to Assessment years 2013-14 to
2015-16.
In
order to further expedite the process of issue of small refunds, CBDT has also
directed CPC-Bengaluru and the field units that refunds up to Rs.5,000/-, and
refunds in cases where outstanding arrears are up to Rs.5,000/- may be issued
without any adjustment of outstanding arrears. Office
Memorandum F. No. 312/109/2015-OT dated 14th January 2016, conveying these
directions of CBDT is available on the website of the Department www.incometaxindia.gov.in.
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