Corporate Tax Refund

• 

  Finance Minister Discusses Fraud GST Refunds With Chartered Accountants Delegation

  Investigations by the CGST Gurugram are going on into the matter of fraudulent GST refunds

• 

  Complied With Retro Tax Repeal Law, Entitled For Refund: Cairn

  Britain's Cairn Energy has said it has complied with all rules of retro tax repeal law to now become eligible for about Rs 7,900 crore refund of taxes

• 

  Cairn Drops All Lawsuits Against India, Entitled For Rs 7,900 Crore Tax Refund

  Britain's Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore, to now be entitled for about Rs 7,900 crore refund of taxes that were collected to enforce a retrospective tax demand.

• 

  Government To Refund Rs 7,900 Crore Retro Tax To Cairn, Firm To Withdraw Cases

  About Rs 8,100 crore collected from companies under the scrapped tax provision are to be refunded if the firms agreed to drop outstanding litigation, including claims for interest and penalties.

• 

  Government, Cairn Energy Reach Consensus To Settle Tax Dispute

  Cairn Energy has entered into certain undertakings with the Government, which would allow for tax refunds under a long-running billion dollar dispute

• 

  Supreme Court Bars Bharti Airtel From Seeking Rs 923 Crore GST Refund

  The central government in its plea argued that Bharti Airtel had under reported input tax credit for the period between July-September 2017.

• 

  Income Tax Refunds Worth Rs 67,401 Crore Disbursed To 24 Lakh Taxpayers In 2021-22

  Refunds worth Rs 67,401 crore have been issued by the Central Board of Direct Taxes to around 24 lakh taxpayers between April 1 and August 30, 2021.

• 

  Taxman Issued Refund Of Over Rs 1.40 Lakh Crore Since April

  As per the IT Department, Income Tax refunds of Rs 38,105 crores have been issued in 57,68,926 cases and corporate tax refunds of Rs 1,02,105 crores have been issued in 1,99,165 cases.

• 

  Taxman Issues Refund Worth Rs 1.18 Lakh Crore To Taxpayers Since April

  Income Tax refunds of Rs 32,230 crore and corporate tax refunds of Rs 86,094 crore have been issued in 1,78,540 cases.

• 

  Over Rs 71,220-Crore Income, Corporate Tax Refunds Issued Amid COVID-19 Crisis

  Income Tax Refund: All refund-related cleaning up of tax demands is being taken up on priority and is likely to be completed by August 31, the Finance Ministry said.

• 

  Rs 62,361 Crore Refunds Issued To Over 20 Lakh Taxpayers Amid COVID-19 Pandemic: Finance Ministry

  Income tax refunds amounting to Rs 23,453.57 crore have been issued in 19,07,853 cases to taxpayers

• 

  Supreme Court Asks Income Tax Department To Refund Rs 733 Crore To Vodafone Idea

  Vodafone Idea has claimed that the Income Tax department did not process their tax returns from 2014-15 to 2017-18.

• 

  In Relief For Small Businesses, Rs 5,204-Crore Income Tax Refunds Issued In 10 Days

  These income tax refunds will help MSMEs carry on their business activities without pay cuts and layoffs in the COVID-19 pandemic situation.

• 

  I-T Department Tax Refunds Up At Rs 1.57 lakh Crore: Revenue Secretary

  He said "By December 15, the advanced tax for Q3 will come and at that stage we will get an idea of what is going to be the impact of corporate tax reduction announced in September. Each company will assess how much tax they have to pay for the current year after adjusting the tax liabilities paid in first two quarters. After that only we will come...

• 

  Sahara Failed To Deposit Rs 750 Crore, Aamby Valley Auction To Continue, Says Supreme Court

  The top court, by its August 31, 2012, order directed Sahara to refund this amount along with 15 per cent interest.