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Chamber Research By The Judges Post Conclusion Of Hearing – Whether Justified?
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Packaged Tours and Place of Supply Provisions under GST
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Gifts and Loans – By and To Non-Resident Indians: Part I
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BCAJ Brieficles are short-format, web-only articles on contemporary topics of professional importance that are open-for-all to read & share.
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Legal Considerations for Start-Ups – Are you overlooking some?
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ATR & AQMM – Audit Reports of Auditors!
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भारत पहले – 75 Year of Independence
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President and CEO of The Institute of Internal Auditors
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Mr. N. R. Narayana Murthy
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Mr. Ishaat Hussain
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Monthly mouth-piece of BCAS, the BCA Journal is a leading publication that has been in continuous circulation for more than 53 years. Over the years the BCAJ has become synonymous with high-quality & authentic content across fields of finance, accounting, tax & regulatory matters. The BCAJ has wide circulation across India & commands huge respect amongst the Chartered Accountants` community.
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May 2010

49 lakh I-T refunds pending : Govt.

By Raman Jokhakar
Tarunkumar G. Singhal
Chartered Accountants

Reading Time 1 mins

New Page 1

The government today said around 49 lakh cases of income-tax
refunds are pending with the Revenue Department. 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 S. S. Palanimanickam informed the Rajya
Sabha in a written reply. Guidelines have been issued by the CBDT to process all
returns and issue refunds expeditiously.

(Source : Business Standard, dated 9-3-2010)

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May 2010

49 lakh I-T refunds pending : Govt.

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