SECTION 245 OF THE INCOME-TAX ACT, 1961 - DEMAND/REFUND IS GREATER THAN RS. 5000 - REFUNDS - SET OFF OF REFUNDS AGAINST TAX REMAINING PAYABLE - DATA PERTAINING TO NOTICES ISSUED UNDER SECTION 245 BY CPC, BANGALORE

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....e been directed to inform you that in pursuance to the decision of Full Board and minutes of the meeting dated 21-8-2013, the CPC is allowed to issue refunds without adjustment of demand as an interim measure in cases where either the outstanding demand against the assessee was less than Rs. 5000/- or claim of refund was less than Rs. 5000/-. 2. A list of CCIT-wise cases where such refund/demand ....