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TAX REFUNDS NEWS

Bombay HC raises 'serious concerns' over 'huge interest burden' on exchequer due to delayed tax refunds, flags officials' laxity

December 09, 2024 3:02 am

It wondered whether the authorities had such a mechanism or routine audit in place to ascertain who would become accountable for huge interest amounts.

For revenue boost, South MCD to levy professional tax

Tax refunds worth over Rs. 1.06 lakh cr issued to 30.92 lakh taxpayers till Sep 15: CBDT

September 16, 2020 6:19 pm

This includes personal income tax (PIT) refunds amounting to Rs. 31,741 crore issued to 29.17 lakh taxpayers and corporate tax refunds worth Rs. 74,729 crore to over 1.74 lakh taxpayers.

Congress head office raided, Income Tax raids Congress, IT department raids Congress, Maharashtra Assembly elections, Haryana Assembly elections, IT raid at Congress office

ITR filing: Here's how to check Income Tax refund status online

July 25, 2019 7:15 pm

Income Tax (ITR) Refund Status Online 2019-20: Once the Income Tax is filed, the IT department will undertake a series of actions to process the ITR. If a refund is due, it informs the tax payee via SMS or email.

Direct tax collections up 13% in nine months of FY15

January 24, 2015 3:05 am

During the year-ago period, collection stood at R4.8 lakh crore.

Tax refunds: Beware of fake apps for smartphones!

September 04, 2013 3:21 pm

I-T dept warns people against fake mobile apps that compromise confidential financial information.

Direct collections drop 17% on refunds

July 07, 2011 6:17 pm

Driven by a hefty increase in tax refunds which more than doubled,direct tax collections fell.

Record refunds pull down tax collections 48%

June 07, 2011 1:17 am

* CBDT has issued refunds worth R37,451 cr in the first two months of this fiscal.

Tax refunds,the faster way

April 12, 2011 3:12 am

There are ample cases in the country where despite making multiple visits and follow-up calls to the income tax department,the refund process is slow and the taxpayers money is stuck.