Once credit is so allowed the levy of interest under Sections 234B and 234C does not survive. Even otherwise, when the tax ...

A company's right to TDS credit was upheld despite the tax being erroneously reported under its former firm's PAN and not in ...

The case involved a taxpayer with income exceeding Rs 20 crore and TDS claims of over Rs 4.8 crore. However, the Central Processing Centre (CPC) denied nearly Rs 96 lakh of TDS credit, claiming it did ...

Understand why ITR refunds are delayed, how processing works at CPC, and steps taxpayers can take to track status, verify accounts, and ensure smooth ...

Despite declaring the income and paying due taxes, interest under relevant sections was levied as the TDS credit didn’t show up on his Form 26AS.

While dealing with a writ petition for refund of Tax Deducted at Source (TDS), the Allahabad High Court has held that when ...

Quoting false PAN can lead to a penalty of ~10,000 per default; wilful concealment can even result in imprisonment ...

If your refund remains under processing, first ensure your ITR has been e-verified, as refunds cannot be processed without ...

Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.

A job candidate recently wrote in a Reddit post that he was aghast when a multinational corporation (MNC) checked his income ...

Indian Railway Finance Corporation posted a 10.2 percent rise in PAT to Rs 1,777 crore, while revenue fell 7.6 percent to Rs ...

If your ITR refund status shows ‘processed’ but you are not getting it credited to your bank account, there is no reason to ...