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No ITR filed despite high-value transactions, then came a tax notice: Taxpayer declared Rs 1.38 crore business loss and claimed Rs 5.31 lakh TDS refund; department denied it, but Delhi ITAT ordered refund with interest
What happens to your income tax refund claim if you forget to file an original income tax return under Section 139? That’s the question that the Income Tax Appellate Tribunal (ITAT) in Delhi has sought to answer.
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economictimes.indiatimes.com
Rs 5.31 lakh income tax refund denied as taxpayer did not claim it in the original ITR; he approaches ITAT Delhi and wins the case to get…
Rs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders the tax dept to issue the refund with…
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timesofindia.indiatimes.com
No ITR filed despite high-value transactions, then came a tax notice: Taxpayer declared Rs 1.38 crore business loss and claimed Rs 5.31…