Quick Summary
An income tax assessee will get 21 days to respond to notices issued by the Central Processing Centre (CPC) regarding set-off and withholding of refund. The Income Tax Department says this will help in avoiding delays in the issuance of refunds. The time limit for assessees to respond is at par with the time allowed for the assessing officer (AO) to respond which was lowered last year to 21 days from 30 days. Also, it has already been said that AO will be held responsible for any delay. An
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FAQ :
Income tax assessees now have 21 days to respond to notices issued by the Central Processing Centre (CPC) regarding the set-off and withholding of their refunds.
The response time has been extended to 21 days to avoid delays in the issuance of refunds, following the successful implementation of an online response mode.
The 21-day response limit for assessees is now the same as the time allowed for the assessing officer (AO) to respond, which was previously 30 days.
Section 245 of the Income Tax Act outlines the process for setting off refunds against any tax that remains payable by the assessee.
If a taxpayer has a grievance against a demand, they can approach the assessing officer (AO), who is required to respond within the specified 21-day timeframe.
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