Tag: Income Tax Refunds
Assessee was entitled to interest u/s 244A from 1st April of AY when return filed within extended due date – ITAT Assessee was entitled for interest on TDS refund u/s 244A from 1st April of AY when the return was filed within extended due date In a recent …
CBDT refunded Rs. 71,229 crore to help taxpayers liquidity during COVID-19 pandemic CBDT has refunded Rs. 71,229 crore so far to help taxpayers during COVID-19 pandemic As per a Press Release by the Central Board of Direct Taxes (CBDT), upto 11th July, 2020, it has issued refunds amounting …
Processing of ITRs with refund claims u/s 143(1) up to AY 2017-18 CBDT extends time in non-scrutiny cases. Intimation can be send till 31.10.2020 F. No.225/98/2020/IT A-IIGovernment of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes North Block , New Delhi the , 10th July, …
CBDT to issue all pending income-tax refunds up to Rs. 5 lakh. GST/Custom refunds also to be issued Government of India Ministry of Finance Department of Revenue New Delhi, the 08th April, 2020 PRESS NOTE CBDT to issue all pending income-tax refunds up to Rs. 5 lakh In …
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 4 th April, 2016 Sub: Record setting year for taxpayer services, issue of refunds by CBDT -reg The Central Board Direct Taxes achieved significant success in delivery of taxpayer services …
Assessee entitled to interest u/s 244A(1)(b) for excess payment on self assessment tax-Kolkata HC HIGH COURT AT CALCUTTA ITA No.526 OF 2004 COMMISSIONER OF INCOME TAX, KOLKATA – I Versus BIRLA CORPORATION LIMITED Coram: Hon’ble Justice Girish Chandra Gupta And Hon’ble Justice Asha Arora Judgment Date: 02-02-2016 GIRISH CHANDRA GUPTA …
Penalty 271(1)(c) interest on income-tax refund not added to income but disclosed in notes to accounts as contingent income HIGH COURT AT CALCUTTA ITA 291 of 2009 CIT-II Ves. PILANI INVESTMENT & INDUSTRIES CORPORATION LTD. Coram: Hon’ble Justice Girish Chandra Gupta And Hon’ble Justice Asha Arora Date on which Judgment …
