In case of delay in the issue of refund vouchers the cogent reason must be given by the concerned officer. This act shall eliminate the personal involvement of the concerned officer, as most of refunds are being delayed on one pretext or other, mostly requiring the verification of claim.
It shall not be out of point to mention that as per instructions from the C.B.R once the refund is created in the l.T.30 the refund voucher must have been issued immediately as the refund is created after proper verification during assessment. I hope the learned R.C.I.T; southern region shall take early action upon the recommendations.
It shall further be appreciated if directions are issued for the maintenance of the register for the rectification of applications received and disposed off. As in the absence of the record most applications received remain un-disposed of for a long time. Meanwhile coercive means are adopted for the recovery of demand.
Further through this I would like to invite the attention of the learned R.C.I.T to the issue of the W.W.F charged upon the deemed income worked out on the basis of Tax paid under section 80-C from cotton ginners in particular.
It is reported that the Honorable Chairman C.B.R has been pleased to withdraw appeals filed before the Honorable Supreme Court of Pakistan and notification to this effect is awaited.
Therefore proper notification be issued and the Taxation Officers directed to pay back such an amount of the W.W.F charged upon deemed income immediately from the assessees, in particulars the cotton factories in Sindh.