HIGH COURT OF BOMBAY Vodafone Idea Ltd. v. Deputy Commissioner of Income-tax (TDS) AKIL KURESHI AND SARANG V. KOTWAL, JJ. WRIT PETITION NO. 1103 OF 2019 APRIL 30, 2019 Deepak Chopra and Atul K. Jasani, Adv. for the Petitioner. Sham Walve, Adv. for the Respondent. ORDER 1. Heard learned Counsel for the parties for final disposal of the Petition. Petitioner’s grievance is… Read More »
Income Tax refund Sequence No Income Tax refund Sequence No is written on the intimation sent u/s 143(1) by income Tax department on your registered email ID with incometaxindiaefiling portal. How to Request for the Intimation Order u/s 143(1) After the Income Tax Return is processed by CPC, taxpayer receives an Intimation at their registered… Read More »
Beware of fake Income tax refund messages ! In this Income Tax Refund Video you will learn 1. How to identify that income Tax Refund email is from Income Tax department 2. How to check fake income tax Refund Email ? 3. How to check income tax refund status from official website ? Click here… Read More »
The income tax refund process will be issued through online only from March 2019. The amount will be credited to the bank account linked with the Permanent Account Number (PAN). Further, the taxpayers have to pre-validate your bank account with the income tax department e-filing portal to receive a tax refund. It is confirmed that… Read More »
Filing of Income-tax returns and its processing is going to be hassle-free and much faster with the introduction of Rs. 4,241 crore project for integrated e-filing and centralized processing resulting in ‘One day’ Income-tax refund. The project is to be executed by Infosys Ltd. and is estimated to be completed within 18 months and would… Read More »
Taxability of Interest on Income Tax Refund Question:Whether the Interest on Income Tax Refund is chargeable to tax? if yes under which head ? The amount received towards statutory interest i.e Interest on Income tax refund has to be subject to tax under the head ‘Income from Other Sources’. Question :Whether interest on Income tax… Read More »
Check Income Tax Refund Online : आयकर रिफंड का पता करें : Income Tax News [Part 26] : TaxHea.Com Other Post on Income Tax Refund How to Request for Refund Re-issue on IncomeTaxIndiaEfiling Income Tax Refund in non-CASS case to be issued without adjustment of Demand New Provision of Interest on Income tax Refund as… Read More »
Income tax refund : Free Study Material Here is the free study material on Income Tax Refund [ Join online GST Course by CA Satbir Singh ] How to Claim Income Tax Refund & Interest on Refund ? (FA 2019) Income Tax refund Sequence No Automatic Credit of Income Tax Refund Into Bank A/c linked… Read More »
No. 312/ 67/ 2016-0T Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ******************** New Delhi, Dated 14th July 2016 Office Memorandum Sub: – Expeditious disposal of refunds in non-CASS cases – relaxation of requirements of Section 245 of the I. T. Act 1961 – reg. With a view to… Read More »
How does Income tax Refund arises ? Refunds generally arise due to (i) Excess payment of tax by way of advance tax, tax deducted at source and tax paid on self-assessment in the context of assessment proceedings; (ii) refund can arise consequent to relief in appellate proceedings; and (iii) there could be cases of direct refunds,… Read More »