E-payment of refunds mandated through RTGS/NEFT to beneficiary bank accounts with consolidated cheques and UTR reconciliation. Procedure mandates electronic payment of sanctioned refunds/rebates through authorized banks using RTGS/NEFT, with claimants providing a one-time bank-certified authorization. Designated Divisional Deputy/Assistant Commissioners will issue consolidated cheques and forward signed statements (Annexure-B), cheques, and soft copies to the authorized bank, which will credit beneficiary accounts after deducting applicable charges. Banks must provide UTRs and periodic scrolls for monthly reconciliation by the PAO, who will match scrolls with issued cheques and report discrepancies for verification; self-credit provisions continue for eligible assessees.
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.
E-payment of refunds mandated through RTGS/NEFT to beneficiary bank accounts with consolidated cheques and UTR reconciliation.
Procedure mandates electronic payment of sanctioned refunds/rebates through authorized banks using RTGS/NEFT, with claimants providing a one-time bank-certified authorization. Designated Divisional Deputy/Assistant Commissioners will issue consolidated cheques and forward signed statements (Annexure-B), cheques, and soft copies to the authorized bank, which will credit beneficiary accounts after deducting applicable charges. Banks must provide UTRs and periodic scrolls for monthly reconciliation by the PAO, who will match scrolls with issued cheques and report discrepancies for verification; self-credit provisions continue for eligible assessees.
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