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Income Tax Refund

CEAT entitled to Interest on Income Tax Refund of Rs. 5.24 Cr as refund more than tax determined on Regular Assessment: Bombay HC [Read Order]

Kalyani B. Nair

The Bombay High Court held that CEAT entitled to interest on income tax refund of Rs. 5.24 crores as refund is more than tax determined on regular...

Non-Deposit of Income Tax Refund of Rs. 14.77 Lakhs as per Court Order: Himachal Pradesh HC directs...

Infosys set to Receive Income Tax Refund worth Rs. 6329 Cr

Case Digest on Tax Refund under Income Tax Act

Tamil Actor D. Sivakarthikeyan receives Rs. 12.60 Lakh Income Tax Refund from Dept

Rajasthan HC directs Dept to Pay 6% Interest in lieu of Delayed VSVS Income Tax Refund [Read Order]

In a major move, a Division Bench of the Rajasthan High Court has recently directed the Income Tax Department to pay 6% interest for delayed refund under Direct Tax Vivad Se Vishwas Scheme (DTVSV...

World Series Hockey Pvt Ltd Directors Sentenced to Two Years in Prison for Service Tax Fraud

Last week, a special Central Bureau of Investigation (CBI) court sentenced two directors of World Series Hockey Pvt Ltd (WSHPL), to two years of rigorous imprisonment. The conviction stemmed from...

Income Tax Refund Adjusted against Outstanding Demands: Jharkhand HC quashes Criminal Proceedings [Read Order]

The Jharkhand High Court quashed the criminal proceedings under the Income Tax Act, 1961 as the income tax refund was adjusted against outstanding demands. Gunwant Singh Saluja, the petitioner...

Delhi HC directs to Issue Income Tax Refund to Nokia Corporation based on Indemnity Bond [Read Order]

The Delhi High Court in the case of Nokia Corporation directed to issue an income tax refund based on an indemnity bond. The principal sum claimed by Nokia Corporation, the petitioner was Rs....

Income Tax Refund Claim: Delhi HC Directs to Consider Revised Return Filed by Assessee [Read Order]

The Delhi High Court directed the Central Board of Direct Taxes (CBDT) to decide on three alternatives for an Income tax refund after considering the revised return filed by the assessee. The...

Remission of Income Tax Refund of Rs 95.26 crores: Delhi HC suspends Reassessment Proceedings [Read Order]

The Delhi High Court suspended the reassessment proceedings in the matter of remission of income tax refund of Rupees 95.26 crores. The petitioner in the present matter is Bid Services Division...

Income Tax Refund Not Received by Assesee Even After 2 Months: Delhi HC directs Revenue to Refund after Inquiry by CBDT [Read Order]

The Delhi High Court in a recent case directed the Income Tax department to refund the amount which was not given to the assessee even after a delay of 2 months. The court was also directed to do as...

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