Streamlining the procedure for issue of Income Tax Refund Orders

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..... etailed : 1. DOMS Circular No. 39, dated 15-7-1980 2. DOMS Circular No. 54, dated 16-12-1987 3. DOMS Instruction No. 58, dated 8-2-1988 2. With a view to improve taxpayer services, the Board have decided to simplify the procedure for issue of refunds by discontinuing the system of sending advice Note to the Bank separately in cases of refunds up to Rs. 9,999. In present procedure for issue of .....

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..... foils to the Bank for encashment. The third foil "Advice of Refund" will be left blank and shall remain in the Refund Order Book. The fourth foil i.e., the "Counterfoil of Refund Order Book". The fourth foil i.e., the "Counterfoil of Refund Order and Advice" will serve as office copy. B. Procedure for issue of Refunds of Rs. 10,000 and above (MICR) The existing procedure for issue of refunds am .....

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..... l serve as office copy. C. Procedure for issue of refunds up to Rs. 9,999 (Non-MICR) The conventional Refund Order Book presently in use for non-MICR refunds has been replaced by Refund Order Book in cheque book format (similar to MICR refunds). The procedure for issue of refunds, would be the same as has been explained in Para 3A above. D. Procedure for issue of Refunds of Rs. 10,000 and above .....

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