TaxTMI 
TaxTMI 
CBDT’s commitment to clear all refunds by March 31 2011 has been breached
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....BDT’s commitment to clear all refunds by March 31 2011 has been breached <br>News and Press Release<br>Dated:- 5-4-2011<br><BR>From the desk of Chairman,CBDT S.N. 31/April 2 ,2011 It is a matter o....
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....f great anguish, desperation & dejection that despite repeated requests, reminders & alerts from the CBDT, we have failed in our commitment to issue all pending refunds of A.Y. 10-11 before the close ....
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....of the year. What is even more discouraging is that towards the last week of March, a slew of our colleagues had stopped entering the paper refund Returns on the system under the belief that once th....
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....ey enter the refund Returns, refunds would come in the radar of the systems monitoring. Are CCITs / CITs aware of it? What is most depressing is that as against the total processing of 2.5 lacs Retu....
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....rns as on 31st March, on 1st April only 30,000 Returns have been processed registering a decline of above 80%. No member of the income tax family can feel happy about it. Should the Board presume th....
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....at most of the CCITs, CITs, Addl / Jt CITs, DC / ACITs, ITOs have not taken the commitment seriously? Once again all the officers & staff are requested / advised to ensure to clear all refunds of A....
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....Y 10-11 by April 10 2011 to enable the CBDT to keep its commitment. This is put on record that hereafter NO LAXITY / INERTIA WOULD BE TOLERTED.<BR> News - Press release - PIB....