Welcome to SPN

Register and Join the most happening forum of Sikh community & intellectuals from around the world.

Sign Up Now!

Legal 49 lakh cases of income tax refunds are pending with the revenue department

Discussion in 'Breaking News' started by rajneesh madhok, Mar 12, 2010.

  1. rajneesh madhok

    rajneesh madhok India
    Expand Collapse
    SPNer Contributor

    Joined:
    Jan 1, 2010
    Messages:
    516
    Likes Received:
    488
    49 lakh cases of income tax refunds are pending with the revenue department

    http://www.taxguru.in/income-tax/49-lakh-cases-of-income-tax-refunds-are-pending-with-the-revenue-department.html


    The government today said around 49 lakh cases of income tax refunds are pending with the revenue department. “Total number of pending refund returns (up to January 2010 is 49 lakh. The statutory time limit to process the return and issue refund in financial year 2009-10 is March, 31, 2011,” minister of state for finance SS Palanimanickam informed the Rajya Sabha in a written reply.
    Normally after receipt of returns, processing of returns and issuance of refund is completed in due course, he said, addding however, difficulties are encountered in some cases due to various reasons like wrong PAN, illegible recording of address, incorrect particulars about bank account etc.
    Pointing out that processing of refund is a continuous process, he said, the returns received during 2008-09 would be processed by March 31, 2010.


    Rajneesh madhok


     
  2. Loading...

    Similar Threads Forum Date
    Sikh News Six lakh cases pending in Punjab courts: CJ (Outlook India) Breaking News Mar 24, 2008
    India Akhand Path List now at 1.3 Lakh, Petition to Expedite Seva at Harmandir Sahib Breaking News Jan 21, 2014
    India Lakhs pay homage to Sikh martyrs at Fatehgarh Sahib Breaking News Dec 29, 2013
    Shabad Of The Week: Lakh Khushiyan Patshaiyan Shabad of the Week Jun 1, 2013
    India Rs 11 lakh to design 1984 riots memorial Breaking News May 29, 2013

Share This Page