Refund

Producer Naga Vamsi has finally broken his silence on War 2 losses, offering a candid explanation of the financial realities behind the film and dispelling long-running speculation around its box office performance.

TDS on your fixed deposit interest? Here’s how to get a refund if your income is below the tax limit

You can claim a refund on tax deducted from fixed deposit interest by filing your ITR—here’s the process explained.

ITR filing — how to get maximum refund on your income tax return

From tax-saving investments to claiming the right deductions, here’s how to maximise your refund this year.

CBIC to digitise customs refund process within a month: Chairman Sanjay Agarwal

While most customs processes have already transitioned to digital platforms, the refund process remains manual.

DGCA fines Air India Express Rs 10 lakh for not complying with rules on giving compensation to passengers

The Indian aviation watchdog added that it had carried out surveillance inspection of scheduled domestic operators in the month of June 2024.

MahaRERA orders real estate developer Godrej to refund part of forfeited amount to homebuyer

According to experts, the judgment can lead to more real estate developers facing similar refund situation where the amounts forfeited on cancellations of bookings have exceeded the legally permissible limit.

Couple charged Rs 24 lakh for Uber ride: Matter resolved but they'll 'never use it ever again'

The incident left the couple in a cash crunch for the rest of their anniversary vacation because the Uber ride was charged to their debit card.

Present tense, future imperfect for employees as Go First heads for insolvency

Go First’s staff has to decide between staying with the airline or joining a rival at a lower salary in the absence of bargaining power

DGCA asks cash-strapped GoFirst to refund customers; bookings still available on OTAs

On May 2, Domestic budget carrier Go First announced that it has filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi.

Vivad se Vishwas scheme: June 30 deadline for MSMEs to submit claims

In cases of failure by MSMEs to execute contracts during the COVID period, 95 per cent of the forfeited amount relating to bid or performance security will be returned to them by the government.

Can a homebuyer seek full refund of booking amount in case of job loss?

The MahaRERA order said the forfeiture clause in the booking application form/allotment letter was “unreasonable”, and not in consonance with recent MahaRERA order.

Tax department reduces time for taxmen to decide on refund adjustment

The time limit of 30 days made available to the assessing officers stands reduced to 21 days, the Directorate of Income Tax (Systems) said.

Sebi's refund to Sahara investors reach Rs 138 crore since 2012

In its annual report, the regulator said that it received 19,650 applications as of March 31, 2022, involving total refund claims of Rs 82.31 crore.

Panel allows refunds up to Rs 15,000 to PACL investors

The refund process of up to Rs 15,000 claims will be allowed from November 1, 2022, to January 31, 2023.

Consumer court directs Godrej Projects to refund Rs 51.36 lakh to homebuyer

The National Consumer Disputes Redressal Commission has directed Godrej Projects to refund Rs 51.36 lakh to homebuyer for failure to provide 24 metre road connecting the project

Booking amount can’t be forfeited if buyer cancels purchase, says Maharashtra real estate tribunal

The tribunal said RERA is silent on the point of permissible deduction if an allottee cancels a booking

Consumer court orders builder to pay delay compensation to buyer at the rate of interest charged by housing finance company

The builder is ordered to refund the entire amount paid by the buyer. Unless a project is completed in its entirety, a refund cannot be denied even if possession has been offered, the court has noted.

A homebuyer not an investor despite owning multiple properties with same builder, is entitled to refund: NCDRC

Consumer court ordered the builder Ireo to refund entire principal amount of Rs 2.23 crore to a buyer, along with compensation at an interest rate of 10.25% per annum for delay in handing over possession.

Delhi High Court asks Supertech to pay Rs 40 lakh to homebuyer by October end

The court was informed that the total amount due to the homebuyer was around Rs 1.78 crore, out of which Rs 50 lakh has been paid to him following the court’s order dated September 24

Delhi High Court directs Supertech to transfer Rs 50 lakh within one week to buyer’s account

The court has also directed Supertech and the buyer to place on record the statement of amount due as per the NCDRC order.

EaseMyTrip offers full refund, no cancellation charge on flight tickets

Customers can avail of the refund by uploading a doctor's prescription if they cancel tickets due to an illness or if any of their loved ones fall ill, the company has said.

Get instant refund for cancel online railway ticket through IRCTC's new feature; check details here

IRCTC's new feature gives the user maximum benefit in cases where a ticket does not get booked even after deduction of payment from the user's Bank or Tatkal waitlisted ticket remains waitlisted even after preparation of chart.

Seeking indiscriminate extension of project timelines from RERA is not builders’ birthright: Homebuyers' body

Not even 10% projects that were ongoing in 2016 when RERA was enacted have been completed and few refund orders issued by Authorities have been executed, they said

Real estate developers ‘serious’ about completing projects by June 2021 need not refund homebuyers: UPRERA

The regulator is in the process of inspecting such projects and would be drawing up a list soon

Flat delayed by four years, NCDRC tells builder to refund homebuyer Rs 3.4 crore with interest

The consumer court also said the terms of the agreement signed between the two parties were wholly one-sided and unfair to the homebuyer.