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CBDT calls for expediting pending refunds below 50K

Updated: Dec 07, 2015 05:30:36pm
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New Delhi, Dec 7 (KNN)  Central Board of Direct Taxes (CBDT) has issued directions to its field formations to expedite the issue of pending refunds below Rs. 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, according to an official release.
 
The release further said that the status of outstanding refunds was reviewed recently.
 
The Income-tax Department is committed to improving taxpayer services and redressing grievances in a timely manner, it said.
 
The initiative is expected to significantly reduce taxpayer grievances and enhance the taxpayer satisfaction. (KNN Bureau)

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