« Top Headlines » Open DEMAT Account in 24 hrs  Income Tax Return Filing: 10 Mistakes To Avoid When Filing ITR For AY 2024-25  Old vs New Tax Regime: Who should move to the New Tax Regime from the old one?  Income Tax Calculator FY 2023-24: How To Know Your Tax Liability Online On IT Dept's Portal?  BackBack Income Tax Act amendment on cards on tax treatment of MSME dues  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here  Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80 «  Veena Birbal appointed as Judge of Delhi High Court... Making sense of the tax numbers... » MTNL to get Rs 1,100 crore tax refund August, 29th 2007 MTNL on Friday won a case on income tax refund of about Rs 1,100 crore including 150 crore interest. A senior MTNL official said the Income Tax Department had earlier claimed a penalty of Rs 850 crore against which the PSU had gone to the Income Tax Appellate Tribunal. The tribunal today ordered that MTNL would not have to pay any penalty and would be refunded Rs 1,100 crore, including 150 crore as interest. The offical said the entire refund amount would soon be transferred to the MTNL account and the interest amount of 150 crore will be reflected in the company's second quarter result. In the past few months, the PSU has won a number of tax related cases in the tribunal with refunds running into about Rs 2,000 crore.