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of <h1>CBDT Directs Quick Refunds for Non-CASS Cases Up to Rs. 5,000 Without Adjustments u/s 245.</h1> The Central Board of Direct Taxes has issued a directive to expedite refunds for non-CASS cases involving amounts up to Rs. 5,000, including cases where arrear demands are up to Rs. 5,000, for the financial year 2016-17. This measure aims to provide relief to small taxpayers by processing refunds without adjusting outstanding demands under Section 245 of the Income Tax Act, 1961. Assessing Officers are instructed to issue refunds promptly for Assessment Years 2013-14, 2014-15, and 2015-16. In cases where taxpayers have not responded to adjustment notices within 60 days, it will be assumed they have no objections, and refunds will be processed accordingly. Compliance reports are due by 29th July 2016.
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