Tax refunds scrutiny: CBDT flags wrongful claims; why high-value payouts are stuck-here’s what the IT department says
The Income-Tax Department is withholding some high-value refund payments due to detected wrongful deduction claims in flagged filings. Legitimate refunds are expected to be cleared ...
Tax refund update: CBDT gives concurrent powers to CPC Bengaluru for rectifications; what it means for taxpayers
The CBDT has empowered the Income Tax Commissioner at Bengaluru’s CPC to directly rectify assessment order mistakes under Section 154. This move aims to expedite ...
