Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

765/CBDT.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of the Act during the year 1970-71 were the higher ever, the number and amount being 1,19,707 and Rs. 17.08 crores respectively. As against this, a sum of Rs. 4.05 crores was refunded in 76,912 cases during the year 1969-70. Thus, with only 54 per cent increase in the number of cases, the amount refunded recorded an increase of 324 per cent. Although the Committee wanted to know the particulars o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... refund due to taxes deducted at source, excess payment of advance tax and self assessment tax etc, while the information required (and furnished in the year 1969-70 by them) was only in respect of pure refund cases u/s 237. This change in the manner of reporting has caused needless embarrassment and additional work. 3. It may please be ensured that statistical information, on any point, that may .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates