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Tax refund News

09 Aug 2023

DNA: Taxpayers beware!..Fraud in the name of income tax 'refund'

This time more than 6 crore Income Tax Returns have been filed in India. The last date to file Income Tax Returns was 31st July… However, you can still file Income Tax Returns with Fine. Now taxpayers have also started getting refund from the Income Tax department…. Some people have received refund, some are yet to come. Taxpayer is eagerly waiting for the money. Cyber thugs are now taking advantage of this. How cyber thugs are cheating Taxpayer and how you can avoid it.

30 Sep 2020

I-T refunds worth Rs 1.18 lakh cr issued to 33.54 lakh taxpayers till Sept 29

This include personal income tax refunds. PIT refunds amounting to Rs 32,230 crore were issued. Corporate tax refunds amounting to Rs 86,094 crore were issued.

03 Jan 2017

Good news for taxpayers in New Year: Taxman to ensure no grievance remains pending over 30 days

In what could come as a good news for taxpayers in the new year, the Income Tax department has asked its officials to resolve their grievances within 30 days time.

04 Oct 2015

We do not withhold refunds or scrutinise small taxpayers: CBDT

The Income Tax department does not withhold refunds of small taxpayers nor does it generally select their tax returns for scrutiny and detailed analysis, the CBDT has said in an attempt to dispel two of the biggest concerns of this category of assesses.

06 Jul 2015

FM assures on-time payment of tax refund to exporters

Finance Minister Arun Jaitley Monday assured exporters of timely payment of tax refund and promised steps to boost shipments, exporters body FIEO said.

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