Issue of refund orders Instruction.

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....en while issuing refund to assessees in order to issue reduce refund related grievances. 1. i) Issuance of Bank Advice - In a case where bank advice is required to be sent to assessee, it must be ensured that it is invariably enclosed alongwith the refund voucher. - In a case where bank advice is required to be sent to the Bank, it must be ensured that advice is sent to the Bank within a week o....

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....outstanding demand It has already been prescribed vide Instruction No. 1952 dated 14.8.98 that as per section 245 of Income tax Act, 1961, a written intimation regarding proposal for adjustment of refund is required to be issued to the refundee. It is reiterated that in all cases a written intimation must invariably be send before adjusting refund with outstanding demand. 1. iv) Administrative a....