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Income Tax Department issues Refunds of Rs. 62,361cr to more than 20 L Taxpayers amid COVID-19 pandemic

Taxscan Team

In pursuance to the Government’s decision vide Press Note dated April 8th, 2020 to issue pending income tax refunds in order to help taxpayers in a...

CBDT releases Refunds amounting to Rs. 26,242 cr since 1st April, 2020

COVID-19: CBDT issues 10.2 lakh Income Tax Refunds worth Rs 4,250 cr

CBIC issues clarification on GST Refund Issues [Read Circular]

GST Portal issues Various Forms for Registration, Filing Returns or Refunds

CBDT expedites Clearance of Pending Issue of Refunds

The Income Tax Department observed a dedicated fortnight from 1st to 15th June, 2018 to expeditiously clear pending matters of appeal effect and rectification. More than 20,000 such matters were...

Sanction of Refunds: CBEC extends ‘Refund Fortnight’ and keep Open all Customs field formations on 29th , 30th and 31st March

In order to facilitate the sanction of refunds, the Central Board of Excise and Customs (CBEC) has decided to extend the “Refund Fortnight” and keep open all the Customs field formations on...

GSTN introduces new facility for Exporters to Claim Refunds

The Goods and Service Tax Network has introduced a new facility for exporters to claim refund, on Sunday. It has been introduced in the name of Table 6A of Form GSTR1 on the GST portal. This...

CBDT issues Rs 1.42 Lakh-Crore of Refunds up to February 10, 41.5% Higher than last year

The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) has already processed over 4.19 crore Income Tax Returns (ITRs) and issued over 1.62 crore refunds during the current...