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Since the government has rolled out the new fraud detection measure to curb the bogus or inflated refund claims, the income tax refunds of India have been reduced this year. As per the official data, between April and October 2025, there is a fall in the refunds issued by approximately 16% year-on-year, slipping from about […]
The National Payments Corporation of India (NPCI) has launched a new feature that allows individuals to instantly verify their PAN and bank account details on the new ITR filing site. This new service aims to make the process of getting income tax refunds faster and to ensure that the information provided by taxpayers is more […]
Under the Goods and Services Tax (GST), a business entity can claim a refund of unutilized Input Tax Credit (ITC) even after it has been terminated. The court has ordered a refund of the unused GST ITC amounting to ₹4.37 crore. The bench of Justice Meenakshi Madan Rai observed that “in the instant matter there […]
The Delhi High Court has ordered the tax department to promptly release a refund related to the GST Input Tax Credit (ITC), along with interest. The court decided that the refund should not be delayed because there was no ongoing appeal or hold on the last decision made by the Appellate Authority, which authorised the […]
The Gujarat High Court handled a case in which the applicant, Ujala Dyeing and Printing Mills Private Limited, made an error in its income tax return filed on September 24, 2018, while claiming a tax refund of ₹38,08,115. In column 23, the applicant has incorrectly revealed the disallowable expenses rather than the wrong columns 15 […]
A warning has been issued to the taxpayers by the Income tax department, making them aware of the bogus calls and messages about the income tax refunds. Scammers impersonate the tax authorities and get the data of the individual’s bank accounts by deceiving them, which leads the individuals to face financial losses. Beware of Fraudulent […]
The recently introduced Income Tax Bill 2025, in the Lok Sabha has raised concerns among taxpayers about their eligibility for income tax refunds if they file their Income Tax Return (ITR) after the due date. Experts have noted that Clause 263(1)(a)(ix) of the new tax bill requires returns to be filed by the due date […]
The Madras High Court, in the case of Chetna Steel Tubes Private Limited v. Goods and Service Tax Network, has dismissed the petitions contesting a 2018 circular for the tax obligation u/s 129 of the CGST Act. The applicant argued that filing the tax at both the detention phase and in regular GST returns amounted to double […]
The Ahmedabad Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has mentioned that the department cannot assume a refund claim unless it is established under which notification and provision the same has been desired. The Bench of Somesh Arora (Judicial) has noted that “The lapse of non-filing of refund under proper notification separately […]
