Refund approval threshold raised, requiring Deputy Commissioner approval for larger refunds to expedite issuance process. Prior approval of the Deputy Commissioner of Income-tax is required where a refund exceeds the newly prescribed ceiling, increasing the previous threshold to expedite refund issuance while maintaining supervisory authorization for larger refunds.
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Provisions expressly mentioned in the judgment/order text.
Refund approval threshold raised, requiring Deputy Commissioner approval for larger refunds to expedite issuance process.
Prior approval of the Deputy Commissioner of Income-tax is required where a refund exceeds the newly prescribed ceiling, increasing the previous threshold to expedite refund issuance while maintaining supervisory authorization for larger refunds.
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