https://www.taxtmi.com/circulars?id=54332 CPC will issue reminders to assessing officers or taxpayers to confirm, correct or accept arrear demands; failure by an assessing officer to respond will lead CPC to issue refunds without adjustment with the assessing officer remaining responsible for non adjustment, while failure by a taxpayer to respond will permit CPC to adjust the demand and issue any balance refund. The prescribed response period has been temporarily reduced to a shorter timeframe for notices issued in the remaining part of the financial year to expedite clearance of refund backlog. en-us Mon, 07 Mar 2016 00:00:00 +0530 Thu, 24 Apr 2025 18:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54332 CPC will issue reminders to assessing officers or taxpayers to confirm, correct or accept arrear demands; failure by an assessing officer to respond will lead CPC to issue refunds without adjustment with the assessing officer remaining responsible for non adjustment, while failure by a taxpayer to respond will permit CPC to adjust the demand and issue any balance refund. The prescribed response period has been temporarily reduced to a shorter timeframe for notices issued in the remaining part of the financial year to expedite clearance of refund backlog. Circulars Income Tax Mon, 07 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54332