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Tuesday, September 16, 2025

Tag: SECTION 245

CBDT halves Income Tax refunds issue timeline to 15 days for this fiscal

Concerned over the rising cases of refund-related grievances of the tax-paying public, CBDT today issued fresh directions to the Income Tax Department asking it to…

View More CBDT halves Income Tax refunds issue timeline to 15 days for this fiscal

No adjustment of refunds against old demands if either is up to Rs 5000/- : CBDT

SECTION 245 OF THE INCOME-TAX ACT, 1961 – REFUNDS – SET OFF OF REFUNDS AGAINST TAX REMAINING PAYABLE – DATA PERTAINING TO NOTICES ISSUED UNDER…

View More No adjustment of refunds against old demands if either is up to Rs 5000/- : CBDT

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