![Relief to Wipro: Karnataka High Court allows Additional 3% Interest on delayed Income Tax Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Relief-Wipro-Karnataka-High-Court-Income-Tax-Refund-Taxscan.jpg "Relief to Wipro: Karnataka High Court allows Additional 3% Interest on delayed Income Tax Refund [Read Order]")
Relief to Wipro: Karnataka High Court allows Additional 3% Interest on delayed Income Tax Refund [Read Order]
In a major relief to Wipro Limited, the Karnataka High Court allowed the additional 3% interest on the delayed Income Tax Refund. The Petitioner...
![Assessing Officer can’t withhold Income Tax Refund though Statute mandates without assigning any reason: Calcutta High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/08/Assessing-Officer-Income-Tax-Refund-Calcutta-High-Court-Taxscan.jpg "Assessing Officer can’t withhold Income Tax Refund though Statute mandates without assigning any reason: Calcutta High Court [Read Judgment]")
![CBDT extends Time frame for processing of Income Tax Returns for AYs up to 2017-18 with Refund Claims [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/CBDT-Assessment-Years-refund-claims-taxscan.jpg "CBDT extends Time frame for processing of Income Tax Returns for AYs up to 2017-18 with Refund Claims [Read Order]")
CBDT allows Processing of Income Tax Refund claims for Old Non-Scrutiny cases till Oct 31, 2020 [Read Order]
The Central Board of Direct Taxes (CBDT) has allowed processing of income tax refund claims in non-scrutiny cases for assessment years up to 2017-18 till October 31, 2020, instead of the earlier date...
![CBDT allows Processing of Income Tax Refund claims for Old Non-Scrutiny cases till Oct 31, 2020 [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/income-tax-refund-CBDT-Non-Scrutiny-cases-Taxscan.jpg "CBDT allows Processing of Income Tax Refund claims for Old Non-Scrutiny cases till Oct 31, 2020 [Read Order]")
Interest Received by Builder on Temperary Deposits from Purchasers constitute Business Incomes: ITAT allows Deduction
The ITAT Mumbai held that interest received by the property developer, on temporary deposits of surplus money out of advances received by from intending purchases was business incomes and not income...
CBDT extends Time Limit for Processing of ITRs filed with refund claims up to AY 2017-18 till 31-12-2019 [Read Order]
The Central Board of Direct Taxes ( CBDT ) has extended time limit for processing of Income Tax Returns ( ITRs ) filed with refund claims up to AY 2017-18 till 31st December 2019. In a Circular...
![CBDT extends Time Limit for Processing of ITRs filed with refund claims up to AY 2017-18 till 31-12-2019 [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/ITR-Taxscan.jpg "CBDT extends Time Limit for Processing of ITRs filed with refund claims up to AY 2017-18 till 31-12-2019 [Read Order]")
