https://www.taxtmi.com/acts?id=10775 Processing of tax deduction statements requires adjusting statements for arithmetical errors and incorrect claims apparent from the statement, computing interest and any fee, and determining the net sum payable by or refundable to the deductor after adjusting against amounts already paid. An intimation specifying the payable amount or refund must be generated within one year from the end of the financial year of filing, and refunds determined shall be granted. The Board may make schemes for centralised processing and for processing statements filed by non deductors. en-us Tue, 11 Aug 2009 22:50:16 +0530 Thu, 28 Aug 2025 16:29:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10775 Processing of tax deduction statements requires adjusting statements for arithmetical errors and incorrect claims apparent from the statement, computing interest and any fee, and determining the net sum payable by or refundable to the deductor after adjusting against amounts already paid. An intimation specifying the payable amount or refund must be generated within one year from the end of the financial year of filing, and refunds determined shall be granted. The Board may make schemes for centralised processing and for processing statements filed by non deductors. Act-Rules Income Tax Tue, 11 Aug 2009 22:50:16 +0530 https://www.taxtmi.com/acts?id=10775