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CBDT Directs Issue Of Refunds Of Rs. 1148 Cr To Small Taxpayers By 31.01.2016

The CBDT has issued an Office Memorandum dated 14.01.2016 stating that in order to provide relief to the small taxpayers, refunds up to Rs.5,000 and refunds in cases where arrear demand is up to Rs.5,000 may be issued without any adjustment of outstanding arrears under section 245 of the Act during FY 2015-16. It is stated that as on 09.01.2016, there are 64,938 cases of refunds below Rs.5,000 involving Rs.1,148.14 Crore in non-CASS cases for AYs 2013-14 and 2014-15 pending in AST. The CBDT has directed the Assessing Officers to issue these refunds without any adjustment of arrears under Section 245. Similarly, the non-CASS cases for those assessment years where the refund amount is more than Rs.5,000 but the outstanding arrear is Rs. 6,000/- or less have been directed to be processed for issue of refund without any adjustment under Section 245. It is further directed that the above exercise should be completed before 31st January, 2016 and a compliance report be sent to the Member (Revenue).


F. No. 312/109/2015-OT
Government of India
Ministry of Finance
Central Board of Direct Taxes
Room No, 281,
Hotel Samrat,
Kautilya Marg,
Chanakyapuri
New Delhi 110021.
Telefax: – 011 – 241025731
Mail: sahil.mishra@nic.in
New Delhi, Dated 14th January, 2016

Office Memorandum

Sub: Issue of refunds up to Re.5,000/- and refunds in cases where outstanding arrear is up to Re.5,000/- in Non-CASS cases for AYs 2013-14 and 2014-15.

I am directed to convey the decision that in order to provide relief to the small taxpayers, refunds up to Rs.5,000/- and refunds in cases where arrear demand is up to Rs.5,000/- may be issued without any adjustment of outstanding arrears under section 245 of the Act during FY 2015-16.

2. As on 09.01.2016, there are 64,938 cases of refunds below Rs.5,000/- involving Rs.1,148.14 Crore in non-CASS cases for AYs 2013-14 and 2014-15 pending in AST. It is requested that the Assessing Officers be directed to issue these refunds without any adjustment of arrears under Section 245. Similarly, the non-CASS cases for those assessment years where the refund amount is more than Rs.5,000/- but the outstanding arrear is Rs. 6,000/- or less may also be processed for issue of refund without any adjustment under Section 245.

3. The above exercise may be completed before 31st January, 2016 and a compliance report be sent to the Member (Revenue).

4. This issues with the approval of Chairman, CBDT.

Yours faithfully

(Salil Mishra)

Director (OT & WT)


2 comments on “CBDT Directs Issue Of Refunds Of Rs. 1148 Cr To Small Taxpayers By 31.01.2016
  1. BOBJEE KURIEN says:

    THE BEST PART OF THE MEASURE IS THAT A COMPLIANCE REPORT IS CALLED FOR BY A SPECIFIC DATE

  2. Varaprasad Daitha says:

    This is another proactive measure proposed by the CBDT under dynamic guidance of Revenue Secretary and FM. This step will repose confidence amongst the tax paying public. I wish the CBDT will take such positive measures in future also.

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