Centralized Processing Centre (CPC) at Bangalore is performing successfully. Till date, 26.99 alkh returns hgave been processed and over 3 lakh refunds have been issued at the Centralized Processing Centre, Bangalore.

The Centralized Processing Centre is processing returns as per the provisions of the Income Tax Act, In a few cases of refund claim, after processing, the final computation has resulted in a demand. This could be because of incorrect reporting, a wrong claim or a mismatch in tax payments or tax deducted at source (TDS).

The total expenditure for Centralized Processing Centre, bangalore for the Financial Year 2009-10 (the first year of operation of Centralized Processing Centre) was Rs.4.57 crores. This consists of mainly office expenses, rent/rates and salaries, etc. to the departmental employees.

This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an Unstarred Question in Rajya Sabha today.

Centralised Processing Centre processing tax returns and issuing refunds while identifying reporting errors and TDS mismatches. The Centralised Processing Centre at Bangalore is processing income tax returns and issuing refunds under the Income Tax Act; processing outcomes include refunds and, in some cases, post processing demands arising from incorrect reporting, unsupported claims, or mismatches in tax payments or TDS, and first year operational costs comprised office expenses, rent and departmental employee salaries.