Actions by the Govt to minimize undue tax harassment
Many of you who have been with our circles since 2016 know that LocalCircles has been actively working to sensitize Government to minimise undue tax harassment.
With this post, we would like to update you that now first level scrutiny has been made completely electronic by the Government thereby eliminating any discretion. The notice generation process is now completely being done independent of the assessing officer.
This new system has been in place since August. We would like to seek your very specific inputs in case you have had any scrutiny experience in the last 45 days
We look forward your inputs! more
My ITR for FY18-19 still not processed though filed in the month of July. I have a refund also and don't think the new system will improve the processing time of ITR's. more
My wife is submitting her Income Tax Returns for a no. of years, refunds whenever were receivable, were being credited in her bank A/c. However during FY 2017-18 AY 2018-19, the Income Tax Authority suddenly developed a procedure, where the assessee's name is not the 1st A/c Holder of the Bank A/c, a photocopy of the Cheque need be furnished. PRINTING OF A/c HOLDERS NAME ON THE CHEQUES OF PUBLIC SECTOR BANKS DEPEND ON THEIR WHIMS AND FANCY AND CALLS FOR HARD ACTIONS TO BRING THEM TO THEIR SENSES. A Photocopy of the Title Page of the Passbook was submitted - quite a few months back. INCome Tax Refund is yet to be received. Incidentally, it is also noted that her assessment for FY 2018-19 AY 2019-20 has since been completed by the Income Tax authorities and formal intimation received. more
Received the Tax refund for ITR filed in Jul end . more
Filing and refund of returns was done very smoothly and refund obtained earlier than expected. No scutiny. more
Refund process must be intimated by ITR department after every stage clearance. more