Refund procedure where notice under section 245: CPC seeks AO or taxpayer response, nonresponse permits adjustment. Where a notice under Section 245 has been issued and the taxpayer contests the demand, CPC will ask the jurisdictional Assessing Officer to confirm or amend the demand within thirty days, issuing the refund without adjustment if the Assessing Officer fails to respond; where the taxpayer does not respond to CPC's reminder, CPC will adjust the demand with applicable interest against the refund and pay any balance.
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.
Refund procedure where notice under section 245: CPC seeks AO or taxpayer response, nonresponse permits adjustment.
Where a notice under Section 245 has been issued and the taxpayer contests the demand, CPC will ask the jurisdictional Assessing Officer to confirm or amend the demand within thirty days, issuing the refund without adjustment if the Assessing Officer fails to respond; where the taxpayer does not respond to CPC's reminder, CPC will adjust the demand with applicable interest against the refund and pay any balance.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
