Practical Accounts And Taxation
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CBDT issues procedure for delayed Tax Refund claims processing
After receiving hundreds of requests and considering the genuine hardship faced by the taxpayer in refund claim processing, Central Board of Direct Taxes issues Procedure for Processing returns having refund claims which were not processed due to some technical reasons.
Taxpayer can avail the benefit if
To process such eligible time barred returns prior administrative approval of concerned Pr.CCIT/CCIT must be obtained.
For the cases upto a.y 06-07 – can’t be processed in the system. The AO has to process these cases manually.
For the Cases of a.y 2007-08 to 2015-16 will required to be Processed at AST.
For the Cases of a.y 2016-17- all the paper returns and e-filed returns pushed to AO by CPC ITR are required to be processed at ITBA
For e-filed cases upt a.y. 2016-17 which were not transferred to AO and remained unprocessed at CPC ITR-for such cases which are valid unprocessed returns, the AO is required to verified that all the pre-condition as per CBDT are complied and obtain the approval of Pr.CCIT/CCIT to process such time barred returns. Such should be forwarded to CPC for further necessary action. CPC ITR will process such returns and issue refund as per extant procedure.
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