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of <h1>Income Tax Department Updates Refund Checking Process: Mandatory Inspections Now Required for Refunds Over Rs. 5,000.</h1> The circular from the Income Tax Department outlines revised procedures for checking refund cases. Previously, all refunds of Rs. 500 or above were to be checked, with a 10% test-check for refunds below Rs. 500. Additionally, vouchers exceeding Rs. 1,000 required inspection. The new instructions raise the threshold for mandatory checks to Rs. 5,000, reducing the number of cases the Inspecting Assistant Commissioner must review. The Board emphasizes strict adherence to these updated guidelines to ensure efficient processing and accurate reporting of refund applications.
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