Refund sanctioning should be prompt and electronically transferred when approved to minimize human intervention and taxpayer inconvenience. Sanctioning of refund should be automated and prompt so that once the tax authority decides to grant a refund it is delivered without avoidable delay. Applicants should provide bank account details when filing the refund application so refunds can be transferred electronically via NEFT, RTGS or ECS, minimizing manual intervention and facilitating direct, traceable payment into applicants' accounts.
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Provisions expressly mentioned in the judgment/order text.
Refund sanctioning should be prompt and electronically transferred when approved to minimize human intervention and taxpayer inconvenience.
Sanctioning of refund should be automated and prompt so that once the tax authority decides to grant a refund it is delivered without avoidable delay. Applicants should provide bank account details when filing the refund application so refunds can be transferred electronically via NEFT, RTGS or ECS, minimizing manual intervention and facilitating direct, traceable payment into applicants' accounts.
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