CPC Directive Reg Processing of Returns For AY 2012-13 With Refund Claims above Rs. 10 Lacs.

The CPC has issued a letter dated 30.01.2013 pointing out that there are 28,444 returns filed for AY 2012-13 where the refund is in excess of Rs. 10 lakhs which are pending processing. The CPC has directed the AO’s to check within 21 days whether any demand is outstanding in these cases and stated that in case no response is received, the e-returns shall be processed (and refund granted)