Feb 01, 2016 at 14:42 | Source: PTI
The guidelines would help further streamline the process of refunds. Between mid-April and January, the Income Tax department has issued a record Rs 65,000 crore worth refunds.
Jan 24, 2016 at 13:40 | Source: PTI
India's Income Tax department will further hasten the speed of issuing refunds to taxpayers who e-file their returns as it's Bengaluru-based CPC has adopted a variety of smart business procedures in the recent past, a senior official said.
Jan 16, 2016 at 15:27 | Source: PTI
In an initiative to reduce taxpayer grievances and enhance the taxpayer satisfaction, the Central Board of Direct Taxes had in December asked Central Processing Centre (CPC) - Bengaluru and the field officers to issue refunds of amounts less than Rs 50,000 expeditiously.
Dec 07, 2015 at 18:50 | Source: PTI
According to government data, a total of Rs 5,496 crore is locked in pending refunds for these two AYs.
Nov 06, 2015 at 13:53 | Source: Moneycontrol.com
Other income shot up 90.5 percent to Rs 373.3 crore in quarter ended September 2015 compared to Rs 196 crore in year-ago period. The company has received tax refund of Rs 125.3 crore for the quarter against expenses of Rs 83.99 crore in corresponding quarter of previous fiscal.
Oct 14, 2015 at 15:55 | Source: Moneycontrol.com
Income tax rules allow you to change your income tax returns after filing. However follow the right process.
Sep 08, 2015 at 11:46 | Source: Moneycontrol.com
It is high time you file your income tax with utmost care. This will help you to get the refund, if any and also keep you in the good books of exchequer.
Aug 31, 2015 at 11:36 | Source: Moneycontrol.com
It is better to know the tax treatment you get depending on your tax status and accordingly account for capital gain tax.
Aug 17, 2015 at 12:21 | Source: Moneycontrol.com
Foreign income confuses many at the time of filing of income tax return. One must consider resident status and the nature of foreign income or asset before reporting it in India.
Jun 30, 2015 at 10:30 | Source: Moneycontrol.com
CBDT recently prescribed to allow income tax assesses to file their tax returns for six years, provided they follow prescribed procedure