India’s Income Tax department will further hasten the speed of issuing refunds to taxpayers who e-file their returns as it’s Bengaluru-based CPC has adopted a variety of smart business procedures in the recent past, a senior official said.
The official involved in the operations of the Central Processing Centre (CPC) said while it has ensured that refunds are issued within 30 days in 73 per cent of e-filed ITR cases during this year, the new and modern protocols adopted by it will ensure that these numbers go up substantially in the coming days and enhance taxpayer satisfaction.
“If the returns and the details within it are filed correctly by the taxpayers, the department is sure that the refunds could be issued in less than a month’s time. In many cases the CPC has issued refunds within a week and we expect this to soon become a routine affair. Adopting new business processes and certifications is a work in this direction,” the official said.
The CPC, a flagship project of the department for IT Returns (ITRs) filing, has recently been awarded the ‘ISO 9001:2008’ standard for Quality Management System and with this latest cap in the feather, it has become the only organisation in the country to have received three top-notch awards for undertaking best business practises in its work domain.