https://www.taxtmi.com/circulars?id=11948 AOs must verify demands from all sources, notify assessees and allow hearing, certify genuine actionable demands, and upload them to CPC-FAS. CPC issues a statutory intimation to assessees proposing adjustment of refunds against uploaded demands and informs supervisory offices. Assessees may contest within a short period; the AO must rectify or confirm the demand within a prompt timeframe and inform CPC. CPC will hold refunds pending AO confirmation and, upon confirmation, adjust refunds against the confirmed demands; online AO-to-CPC functionality is to be developed with interim manual timelines. en-us Tue, 27 Nov 2012 00:00:00 +0530 Sat, 01 Dec 2012 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11948 AOs must verify demands from all sources, notify assessees and allow hearing, certify genuine actionable demands, and upload them to CPC-FAS. CPC issues a statutory intimation to assessees proposing adjustment of refunds against uploaded demands and informs supervisory offices. Assessees may contest within a short period; the AO must rectify or confirm the demand within a prompt timeframe and inform CPC. CPC will hold refunds pending AO confirmation and, upon confirmation, adjust refunds against the confirmed demands; online AO-to-CPC functionality is to be developed with interim manual timelines. Circulars Income Tax Tue, 27 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11948