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Particulars of refund exceeding Rs. 50,000/- and above to Income-Tax Authorities - Intimation regarding

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..... xceeding Rs. 50,000/- and above to Income-Tax Authorities - Intimation regarding Circular No. 40/90-CX.8 Dated 3-7-1990 [From F. No. 268/25/90-CX.8] Government of India Central .....

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..... such refunds should invariably be reported to the Commissioners of Income Tax concerned with a copy to Director General of Supplies and Disposals on quarterly basis. It has been observed by C AG th .....

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