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of <h1>CBDT Mandates Surprise Inspections for Timely Tax Refunds and Interest Payments per Section 214 of the Income Tax Act.</h1> The Central Board of Direct Taxes (CBDT) has issued an instruction dated January 21, 1974, under the Income Tax Act, 1961, specifically referring to Section 214. The Board mandates surprise inspections to ensure timely issuance of tax refunds and payment of interest on delayed refunds. If any lapses are identified during inspections or through complaints, these should be investigated thoroughly. To prevent future issues, the Board advises streamlining the operations of the concerned Ward/Circle and imposing suitable disciplinary measures on responsible officials.
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