INCOME TAX

Release of an utility to enable AOs send old refunds through refund banker - regarding. 

OLTAS INSTRUCTION NO. 42,

Dated: 16.12.2009 

The Directorate has received feedback from various RCCs that refunds generated  prior  to the date on which AO has been put under refund banker scheme are not getting picked up for transmission to SBI, CMP branch. 

2. The matter has been analysed and a fresh screen is provided. To invoke this utility the AO has to make sure that paper refund has not been issued to the taxpayers. Through the screen AOs  can take the  following action :  

  1. Use query criteria 'PAN' or Assessment Year or Amount Range to fetch those refunds which are unpicked because refunds determined are prior to date on which AO is put under refund banker and/or Address or bank  detail is not populated properly.  
  1. If a paper refund has been issued, yet the refund appears on the screen then the AO should go to AST screen and populate the 'cheque no' against that refund to avoid transmission through refund banker. If however, a paper cheque has not been issued  and the AO now wants  that the refund be sent through 'Refund Banker', then  'confirm' check box in the screen should be ticked to enable refund banker pick the refund.
  1. If refund details (address, and bank details ) are not populated and paper refund has not been issued before and if the AO wishes to send the refund through refund banker then he should click the 'confirm' check box which will take him to AST screens to populate address and/or  bank details.

The above steps if performed properly will enable refund banker system pick and transmit chosen refund to SBI, CMP branch. Steps to be followed by  users  are enclosed - Annexure - A. 

3. It is requested to bring these changes to the notice of all users under your RCC / Computer Centre. 

                                                                                                        Yours faithfully,
 

      (Ravi Agrawal)

                                                      Director of Income Tax (Systems)-II
 

Encl : as above.