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The Income Tax Act, 1961, and the Income Tax Rules, 1962, require citizens to file their tax returns with the Income Tax Department at the end of every financial year and this form is a part of the filing process as specified by the Government of India. The due date for filing return with the Income Tax Department of India is 31 July every year.
Here’s how to make sure you get your tax refund as quickly as possible. E-file and use direct deposit to avoid delays If you’re relying on your refund, file early and electronically, and use ...
In India, there is a provision of refund of excess tax along with interest. For claiming a refund one has to file the income tax return within a specified period. However, under Sections 237 and 119(2)(b) of the Income Tax Act, the Chief Commissioner or Commissioner of Income Tax are empowered to condone a delay in the claim of a refund. [15]
You’ve gathered your W-2s, 1099’s and other pertinent information, completed your tax return and filed it.If you’re owed a refund, now all you have to do is wait.
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The IRS lists the following issues that might extend the tax refund processing time and delay your refund: Amended return refunds take about 16 weeks. You’re filing an injured spouse claim.
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The channel was launched in 2003 as a sister channel of the Hindi Aaj Tak news channel. It is one of the four news channels from the TV Today Network stable, the others being Aaj Tak, Tez and Delhi Aaj Tak. [3] Alok Verma was brought in as the Executive Producer to successfully launch TV Today group's foray into the English news channel category.