INCOME TAX

AST- Instruction No 79, Dated : 3-5-2010

Tel. No. : 011-23593179

Fax : 011-23615679

DIRECTORATE OF INCOME TAX (SYSTEMS)

ARA Centre, Ground Floor, E-2, Jhandewalan Extension,New Delhi-110055

F.No. SW/3/9/2009-10/DIT (S)-III

Dated : 3-5-2010

Subject: On line approval of high value refunds AST Instruction No.79.

1. Please refer to above. With a view to provide stricter control over issue of refunds, a new Refund

Approval functionality has been provided in AST. Henceforth, all high value refunds will need on line approval of CIT/Addl.CIT, as per following schedule:-

Refund Amount (Rs.) Approving Authorities

upto 1 lac ------

1 lac to 1 crore Addl. CIT

above 1 crore CIT

Refund Banker will not pick up a refund for issue if the approval has not been granted as per above amount limits.

Enclosed user manual explains the procedure for giving on-line approval. CIT & Addl.CIT would also be able to generate list of 'pending approval' cases.

The above may please be brought to the notice of all officers working in your region.

Yours faithfully,

(Harish Kumar)

DIT(Systems)-III

New Delhi