Income Tax Department for processing income tax refund given a option to the taxpayers residing in the state of Jammu & Kashmir, to provide new address for delivery of refund cheques,
The recent floods in Jammu & Kashmir which claimed more than 280 lives and destroyed property worth thousands of crores and State had never witnessed such type of disaster before. As per the initial assessment reports on the damages to the private property, a total of 353864 structures have been damaged. “83044 pucca houses have been fully damaged and 96089 partially. Similarly, 21162 kachha houses were fully damaged and 54264 partially damaged besides 99305 huts, cowsheds, were also damaged.
Due to this natural disaster, person who resides there & affected by flood relocate themselves and Income tax department come forward to help them by giving option to provide new address for delivery of income tax refund cheques.
Refer below circular dated 15/10/2014 Continue reading