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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Rajya Sabha Discusses Delays in Tax Refunds: Urges Faster Processing and Accountability for Unjustified Delays Under Income Tax Act 1961.</h1> There have been numerous complaints regarding significant delays in processing refund claims, failure to issue refund vouchers with orders, delays in sending advice notes to banks, and non-payment of interest on delayed refunds under the Income Tax Act, 1961. The issue was recently discussed in the Rajya Sabha. The Board emphasizes the importance of promptly resolving refund claims and has previously issued several instructions to address this. Despite these measures, the backlog remains high. Authorities are urged to expedite the process and take action against officers responsible for unjustified delays.
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