Income Tax Officers Must Issue Refunds Within Two Weeks of Appeal or Revision Orders Per Circular Guidelines.
The circular instructs that refunds resulting from appeal or revision orders in income tax matters should be issued promptly by the Income-tax Officers. Specifically, it mandates that any refunds due should be processed within two weeks of receiving the appeal or revision order. This directive reiterates previous instructions from Circular No. 20 of 1962 and Instruction No. 350 of 1971, emphasizing the importance of timely action to ensure compliance. All concerned parties are advised to adhere to these instructions to facilitate efficient processing of appellate orders.
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