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 ... Summary
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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