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Income tax department moves to resolve tax refund issues quickly

Income Tax
Income tax department moves to resolve tax refund issues quickly

Dec 05, 2022                                                                                                                                                                                                                                                                              The income-tax department has issued instructions to ensure taxpayer grievances about adjustment of tax dues against pending refunds are resolved quickly to check avoidable litigation. The tax department has told its top officers, including all principal chief commissioners, that it observed instances of incorrect adjustment of outstanding tax demands against tax refunds that are due to assessees. That, the department said, is due to incorrect classification of tax demands as ‘correct and collectable’ or not receiving feedback from tax officers on grievances filed by assessees.
                                                                                                                           


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