refund

Income Tax

I-T Department issues Rs 17,061 CR of refunds to Taxpayers

The Income Tax Department on 12th May,2021 said it has issued over Rs 17,061 crore of refunds to more than 13 lakh taxpayers so far this fiscal year. Of this, personal income tax refunds worth...

Priya kejriwal - May 26, 2021

GST

Loophole in GST refund application on Portal

Rule 89(4) In the case of zero-rated supply of goods or services or both without payment of tax under bond or letter of undertaking in accordance with the provisions of sub-section (3) of section 16 of...