Income Tax Refunds

  • Income Tax

Interest u/s 244A payable from 1st April of AY when return filed within extended due date

Assessee was entitled to interest u/s 244A from 1st April of AY when return filed within extended due date -…

3 weeks ago
  • Income Tax

CBDT refunded Rs. 71,229 crore so far to help taxpayers during COVID-19 pandemic

CBDT refunded Rs. 71,229 crore to help taxpayers liquidity during COVID-19 pandemic CBDT has refunded Rs. 71,229 crore so far…

4 years ago
  • Income Tax

Processing of ITRs with refund claims u/s 143(1) up to AY 2017-18 CBDT extends time to 31.10.2020

Processing of ITRs with refund claims u/s 143(1) up to AY 2017-18 CBDT extends time in non-scrutiny cases. Intimation can…

4 years ago
  • Income Tax

CBDT to issue all pending income-tax refunds up to Rs. 5 lakh

CBDT to issue all pending income-tax refunds up to Rs. 5 lakh. GST/Custom refunds also to be issued Government of…

4 years ago
  • Income Tax

CBDT-Record setting year for taxpayer services, issue of refunds FY 2015-16

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 4 th…

8 years ago
  • Income Tax

Assessee entitled to interest u/s 244A(1)(b) for excess payment on self assessment tax-Kolkata HC

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…

8 years ago
  • Income Tax

Penalty 271(1)(c) interest on income-tax refund not added to income but disclosed in notes to accounts

Penalty 271(1)(c) interest on income-tax refund not added to income but disclosed in notes to accounts as contingent income HIGH…

8 years ago