Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
PRESS RELEASE
New Delhi, 7th December, 2015
Subject: Expediting issue of
refunds below fifty thousand for A. Y. 2013-14 and A.Y. 2014-15 – regarding
The Income-tax Department is
committed to improving taxpayer services and redressing grievances in a timely
manner.
The status of outstanding refunds
was reviewed recently. Following the review, Central Board of Direct Taxes has
issued directions to its field formations to expedite the issue of pending
refunds below Rs. 50,000/ for assessment years 2013-14 and 2014-15 in all such
cases which have not been selected for scrutiny. The field formations and the
Central Processing Centre at Bengaluru have been directed to complete the
process as early as possible.
This
initiative is expected to significantly reduce taxpayer grievances and enhance
the taxpayer satisfaction.
The communication is available on
the website of the Department at www.incometaxindia.gov.in
(Shefali Shah)
Pr. Commissioner of Income Tax
(OSD)
Official Spokesperson, CBDT
