All I-T refunds to be put directly in bank accounts: CBDT
The department is also planning to fully adopt and use banking services to end the current system of sending I-T refunds over the value of Rs 50,000 via cheques through the postal department.
Jun 23, 2015, 16:35 PM ISTTaxpayers to get quick SMS, email updates on refunds, filing
The Income Tax department will soon start updating taxpayers about the status of their I-T refunds and processing of certain tax statements by sending real-time SMSes and emails, on similar lines as that of credit card and bank transactions at present.
Jul 06, 2014, 18:30 PM IST