Income Tax Refund

Paid excess tax? Tips to get a refund

Friday February 22, 2013

Once all the formalities are completed, we think only a little about tax refunds. Tax refunds are something only few of us get while most of us don't. So, it's essential to learn well about tax refunds.

How to check your income tax refund online

Thursday December 20, 2012

The Refund Banker Scheme, which was introduced by the Income Tax Department in January 2007, can be used by taxpayers all over the country to view the exact status of their refunds online.

I-T dept to refund excess tax despite 4-year limit period

Friday June 22, 2012

Giving relief to taxpayers, the Income Tax Department has asked its officials to take action to refund excess tax even if such applications are hit by limitation period of four years.

Vodafone tax case: Govt refunds Rs 2,500 cr plus 4% interest

Wednesday March 21, 2012

Within hours of SC dismissing the review petition, government refunded about Rs 2,500 crore plus 4% interest

Websites shine light on petty bribery worldwide

Stephanie Strom, The New York Times | Wednesday March 7, 2012

The cost of claiming a legitimate income tax refund in Hyderabad, India? 10,000 rupees. The going rate to get a child who has already passed the entrance requirements into high school in Nairobi, Kenya? 20,000 shillings.

Income Tax officer held in refund scam in Mumbai

Devendra T Goregaonkar, DNA | Saturday December 18, 2010

The Economic Offence Wing (EOW) arrested a class-II officer from the Income-Tax department with three others for an alleged scam of I-T refund orders. The scam amounting to more than Rs1.89 crore took place between 2007 and 2009 with the help of 250 refund orders issued in the name of fake tax payer...

Income Tax account hacked

Indo-Asian News Service | Monday January 25, 2010

All high value income tax refunds will go through intensive checks and its software system will be revamped, after its account was hacked and Rs 11 crore was siphoned off.

Over 38 lakh claimants sought income tax refund

Indo-Asian News Service | Friday December 18, 2009

There were 38.17 lakh claimants for income tax refund as on April 1 this year, a minister said on Friday.