Discontinuance of Advice Notes for tax refund.
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....ions issued by DOMS/CBDT from time to time wherein the procedure for issue of Refund Orders was detailed : (i) DOMS Circular No. 39 dated 15.7.1980. (ii) DOMS Circular No. 54 dated 16.12.1987 (iii) DOMS Instruction No. 58 dated 8.2.1988 (iv) CBDT Instruction No. 15/2003 dated 6.11.2003 2. With a view to improve Taxpayers service, the Board has decided to discontinue the system of se....
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....t direct taxes with cheques drawn on various branches of State Bank of India with their respective MICR codes. (b) Issue of new type of refunds stationery for different direct taxes : (i) for refunds up to Rs. 24,999/- (one refund cheque for assessee and one counterfoil to be retained by the Assessing Officer). (ii) for refunds of Rs. 25,000/- and above (one refund cheque for assessee, on....
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....fund stationary shall be made available at all filed stations before the date of switchover to the new system. Necessary steps for distribution of new refund stationary, surrender of unused old stationary and informing the assessing officer of the new procedure of issuing refund orders have to be taken by the Chief Commissioner/directors General. 5. The monetary ceiling of Rs. 24,999/- for issu....
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