Page 2 - Centralized Processing Centre News Today

If a taxpayers taxes have been paid in excess of their tax liability, they are entitled to a refund.

​The income tax department has created a list of persons (called specified persons) for whom this higher rate of TDS, TCS will be applicable. However, there is a way of stopping higher TDS, TCS on incomes.

Updated Mar 12, 2021 | 06:54 IST You can check income tax refund status on the National Securities Depository Ltd (NSDL) website, as well as on the Income-tax department’s e-filing portal. ITR successfully processed but tax refund failed? Do this&nbsp New Delhi: From the day of completion of processing of ITR by the Centralized Processing Centre (CPC), tax refunds are received within 20-45 days normally. A taxpayer is eligible to receive an income tax refund if there is...

The range of changes in the income tax system has allowed the taxpayers to complete the filing process within minutes without any hassle.

Updated Jan 13, 2021 | 06:26 IST The income tax department also announced last year that it will issue only e-refunds. These refunds will be credited only to those accounts which are linked with Aadhaar, PAN and are pre-validated Filed ITR? Know how to check income tax refund status&nbsp New Delhi: Income tax return filing last date (January 10) has passed. People who have filed ITR and have paid excess tax are now looking for their refund to be credited in their account....

Filed income tax returns months ago and still await refunds? Here’s what you must do Checking the status of your returns on the tax-filing portal helps December 21, 2020 / 09:51 AM IST With the outbreak of COVID-19, the tax calendar for the year too has deviated from the normal course. Though the tax-filing deadline has been moved to December 31, 2020, the non-receipt of tax refunds is worrying those who filed their returns way back in June-July 2020. To be sure, you are entitled to income...