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Expeditious disposal of refunds in non-CASS cases relaxation of requirements of Section 245 of the I. T. Act 1961

Income Tax - No. 312/67/2016-OT - Dated:- 14-7-2016 - No. 312/67/2016-OT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 14th July 2016 Office Memorandum Sub: - Expeditious disposal of refunds in non-CASS cases - relaxation of requirements of Section 245 of the I. T. Act 1961 - reg. With a view to provide relief to small taxpayers. it has been decided that refunds up to ₹ 5,000/-, as also refunds in cases where arrear demand is u .....

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rear demands under Section 245. Similarly, the non­ CASS cases for these assessment years where refund claim is more than 5,000/- but the outstanding demand is ₹ 5,000/- or less, may also be processed for expeditious issue of refund without making any adjustment under Section 245. 3. It is also found that there are several refund claims in respect of which notices have been issued proposing adjustment of outstanding demand under Section 245, but no response has been received from the t .....

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