Streamlining the procedure for issue of Income Tax Refund Orders
X X X X Extracts X X X X
X X X X Extracts X X X X
....time wherein the procedure for issue of Refund Orders was detailed : 1. DOMS Circular No. 39, dated 15-7-1980 2. DOMS Circular No. 54, dated 16-12-1987 3. DOMS Instruction No. 58, dated 8-2-1988 2. With a view to improve taxpayer services, the Board have decided to simplify the procedure for issue of refunds by discontinuing the system of sending advice Note to the Bank separately in c....
X X X X Extracts X X X X
X X X X Extracts X X X X
....will be sent by the Issuing Officer to the assessee who will present both foils to the Bank for encashment. The third foil "Advice of Refund" will be left blank and shall remain in the Refund Order Book. The fourth foil i.e., the "Counterfoil of Refund Order Book". The fourth foil i.e., the "Counterfoil of Refund Order and Advice" will serve as office copy. B. Procedure for issue of Refunds of ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....terfoil of Refund Order and Advice will remain in the Refund Order Book and will serve as office copy. C. Procedure for issue of refunds up to Rs. 9,999 (Non-MICR) The conventional Refund Order Book presently in use for non-MICR refunds has been replaced by Refund Order Book in cheque book format (similar to MICR refunds). The procedure for issue of refunds, would be the same as has been exp....
TaxTMI