Page 2 Refund: Latest News and Updates, Top Stories, Videos, Photos About Refund

Airlines Will Now Offer Full Refund On Cancelled Flights After Govt Intervention

The Ministry of Civil Aviation said on Thursday that airlines will have to provide a full refund to its passengers who had booked air tickets during 25 March and 14 April for travel between 15 April and 3 May. "If a ...

Income Tax Lists Out Its Genuine Communication Sources

In a bid to safeguard it's taxpayers, the department of income tax time and again issues some warnings. And its latest mail floated on Thursday, the department has listed out sources that are indeed genuine from which taxpayers can be intimated ...

Railways Passenger To Get Refund For Missing Train Journey: Know New Rule

In a tweet, the behemoth national carrier's e-ticketing arm said, "Missed your second train as the first train was running late? Get your money back under #IRCTC's new initiative that allows passengers to link PNRs for connecting trains; enabling easy & ...

Do Not File ITR With ‘Tax Payable' As Mistake To Attract Income Tax Notice

In one of the errant tax filing case, income tax payer left the section of TDS blank and submitted the ITR with a ‘tax payable' of Rs. 6 lakh, despite form 16 mentioning the amount as being deducted at source or ...

PAN, Aadhaar Linking Deadline Nears: Know How To Link Via SMS?

After the SC verdict on Aadhaar, the linking of aadhaar with PAN is still mandatory and individuals are given the deadline of March 31, 2019 to get the task done. And this is necessary to continue receiving seamless services from the ...

Income Tax E-Refund: Now You Need To Revalidate Your Bank Account

From March 1, 2019 only e-refunds will be issued by the income tax department and the same shall be credited only to bank accounts that are linked to a particular PAN.Also, you are required to pre-validate your bank account for receiving ...

This Is How You Can Get Your Refunds From IRCTC Faster

If you also book your Indian Railways ticket using irctc.co.in and face issues when cancelling the same i.e. in getting your refund amount processed. You now have relief as the behemoth has come up with its own payment gateway for which ...

IT Dept Cracks Down Suspicious Refund Claims

Even as the amount of income tax refund disbursed by the department has increased over the years, there has been seen a surge in the claim of suspicious refunds during last 3 years, said minister of state for finance Shiv Pratap ...

I-T Dept Clamps Down Illicit Refund Claims On Fake Investment Proofs

Now the department of income tax is embarking on a more watchful path as it looks to stop the incidences of fake refund outgo on the premise of produce of fake investment proofs. Also, on the sidelines, CBDT Chairman ...

Income Tax Dept. Cautions Taxpayer On Refund Fraud

In its latest move, income tax department is making taxpayers aware about the different scams being practiced and the most recent being the income tax refund related fraud. In this case, fraudsters have been asking taxpayers over mail and SMS, about ...

IT Officers Can't Adjust Your Refund Against Tax Demand Without Valid Notice

Income tax officers as per the Income Tax Act are required to send a valid notice in lieu of the outstanding tax demand to the respective taxpayer. This said IT officials are not authorized to make any adjustments against tax demand ...

For Late Income Tax Refunds: Here's Your Recourse

Income tax refunds get delayed by the tax department at several of the instances due to a number of reasons. In general for salaried class taxpayers, refunds get processed a little earlier than in other cases. However if you too are ...

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