06 May 2009
It is seen that the income tax deptt do not issue refund of amount less than Rs 100/- also do not raise demand for amount less than Rs 100/-.
Is there any notification / circular / provision / rules in this regard, pl provide the same.
09 May 2009
Sorry Boss, I can confirm that what you have written is correct, however I cound not search the notification etc. for this. I believe this is an internal instruction as all the notification / circular on refund i have checked. I will come back to you if I find anything on this.
11 May 2009
I have also not come across any such circular. My advise to you is that you send an enquiry under Right to Information Act to the CBDT and it will be the final word. Please do let us also know about the reply you receive.
CAclubindia
