Tag Archives: Refunds

Expeditious refunds required of tax officer

By | October 29, 2016

“Expeditious refunds” required of tax officer The Bombay High Court in addressing a taxpayer’s writ for mandamus, held that the Assessing Officer is to make a determination about a taxpayer’s request for refund independently and directed the Assessing Officer to consider and process the taxpayer’s representation to process the return and refund request as expeditiously as possible, within… Read More »

GST Refunds – FAQ’s on GST by CBEC

By | September 25, 2016

GST Refunds FAQs on GST released by CBC BUY Q 1. What is refund? Ans. Refund has been discussed in section 38 of the MGL. “Refund” includes refund of tax on goods and/or services exported out of India or on inputs or input services used in the goods and/or services which are exported out of… Read More »

Book on TDS, Advance Tax and Refund 2016 Edition – Vinod K Singhania

By | September 11, 2016

Deduction of Tax at Source with Advance Tax and Refunds as Amended by Finance Act 2016 (English) (Hardcover, Dr Vinod K Singhania) BUY Specifications of Deduction of Tax at Source with Advance Tax and Refunds as Amended by Finance Act 2016 (English) (Hardcover, Dr Vinod K Singhania) BOOK DETAILS Publisher Taxmann Publications (P.) Ltd. ISBN-10… Read More »

Govt to Issue Income tax refunds upto Rs 50000 expeditiously

By | January 15, 2016

Issue of IT Refunds of Smaller Amounts In an initiative to reduce taxpayer grievances and enhance the taxpayer satisfaction, the Central Board of Direct Taxes had issued instructions to Central Processing Center (CPC), Bengaluru and the field officers in December, 2015 to issue refunds of amounts less than Rs.50,000/- expeditiously. As a result of the… Read More »