Emails to taxpayers for tax refund should not be misconstrued - CBDT
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The Central Board of Direct Taxes, CBDT, today refuted rumours circulated on social media alleging that the Income Tax Department is pursuing recovery proceedings and using arm-twisting methods by adjusting outstanding demands of the start-ups. CBDT stated these observations completely unfounded and total misrepresentation of facts.
The CBDT said that its email seeking clarification from all those taxpayers who are entitled to get tax refund but also have outstanding tax to pay should not be misconstrued. It said, computer generated emails have been sent to almost one lakh 72 thousand assessees which includes all classes of taxpayers. CBDT said, in case the outstanding demand has already been paid by the taxpayer, the taxpayers are requested through these mails to provide the status so that while issuing the refund, these amounts are not held back and their refunds are released forthwith.
Meanwhile, the CBDT has issued nearly 14 lakh refunds involving an amount of over nine thousand crores to various taxpayers including individuals, firms, start-ups, MSMEs in order to help them in the Covid-19 pandemic situation.
The CBDT requested the start-ups to respond to its emails at the earliest so that further necessary action can be taken by the IT Department to release the refunds immediately. #casansaar (Source - NewsOnAir)
The CBDT said that its email seeking clarification from all those taxpayers who are entitled to get tax refund but also have outstanding tax to pay should not be misconstrued. It said, computer generated emails have been sent to almost one lakh 72 thousand assessees which includes all classes of taxpayers. CBDT said, in case the outstanding demand has already been paid by the taxpayer, the taxpayers are requested through these mails to provide the status so that while issuing the refund, these amounts are not held back and their refunds are released forthwith.
Meanwhile, the CBDT has issued nearly 14 lakh refunds involving an amount of over nine thousand crores to various taxpayers including individuals, firms, start-ups, MSMEs in order to help them in the Covid-19 pandemic situation.
The CBDT requested the start-ups to respond to its emails at the earliest so that further necessary action can be taken by the IT Department to release the refunds immediately. #casansaar (Source - NewsOnAir)
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