Tax refunds to get faster: Central Board of Direct Taxes

New Delhi: The government is working towards fixing the problems of delay in tax refunds being faced by many taxpayers which turn into grievances, said Nutan Sharma, Chief Commissioner of Income Tax (TDS) on Tuesday. This even as government has embarked on a plan to widen the country’s taxpayer base and asked the I-T department to bring under its net at least 25 lakh new assesses each month during the current financial year, according to sources.

The I-T department is expected to undertake a special drive to increase the number of tax payers in the country. “If you have excess collected or if there is based upon appeal effect or for whatever reason refund is due, which you have not got for long time, we are trying to resolve these problems,” she said.  

“It consumes a lot of our precious time in answering to courts for genuine things. We ourselves want that compounding should be done as quickly as possible and prosecution should be launched in as less number of cases as possible,” she said. She said that the I-T department wants to educate the citizens so that no such situation arises where the government is forced to take any kind of coercive measure.