Prior approval removal for tax refunds shifts verification to Deputy Commissioners and mandates monitoring to prevent fraud. The instruction removes the requirement for prior approval of the Commissioner of Income Tax for issuance of refunds; assessing officers may issue refunds without CIT clearance. For refunds exceeding Rs.1 lakh the assessing officer must obtain Deputy Commissioner approval, and a DC acting as assessing officer is personally responsible for verifying refund correctness and must follow the verification procedure from Instruction No.1889. Chief Commissioners must establish monitoring systems, including involving Commissioners of Income Tax, to prevent fraud and ensure correct refunds.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Prior approval removal for tax refunds shifts verification to Deputy Commissioners and mandates monitoring to prevent fraud.
The instruction removes the requirement for prior approval of the Commissioner of Income Tax for issuance of refunds; assessing officers may issue refunds without CIT clearance. For refunds exceeding Rs.1 lakh the assessing officer must obtain Deputy Commissioner approval, and a DC acting as assessing officer is personally responsible for verifying refund correctness and must follow the verification procedure from Instruction No.1889. Chief Commissioners must establish monitoring systems, including involving Commissioners of Income Tax, to prevent fraud and ensure correct refunds.
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