Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« General »
Open DEMAT Account in 24 hrs
 Income Tax Refund (ITR) Status Check for FY 2024-25 (AY 2025-26) A Simple Guide
 How to Use Barcode Inventory Software in TallyPrime Complete Step-by Step Guide for Businesses (2025)
 How to Use Barcode Inventory Software in TallyPrime Complete Step-by-Step Guide for Businesses (2025)
 Which Tally is Best for You in 2025? Complete Guide to TallyPrime, TallyPrime Edit Log & TallyPrime Server
 How the IT & Technology Industry Can Use Tally Prime The Complete 2025 Guide to Smarter Finance, Billing & Automation
 How to Create a Proforma Invoice in Tally: A Complete Step-by-Step Guide for 2025
 Tally Prime and the Rise of Cloud-Native Accounting in India
 Step-by-Step: Using Tally Prime for Financial Reports and Cash Flow
 Zero Errors, Zero Hassle: How Tally Prime Reinvents Tax Compliance
 Gold Price Today in South India Madurai, Hyderabad, Warangal & Kochi (10 Nov 2025)
 How to Record Bank Statement Entry in Tally Prime

I-T dept drive to expedite refunds
May, 27th 2010

The income tax department has launched a drive to file corrected returns with a view to do away with the problem of held-up refunds and the tax already paid not being credited to the assessees name.

A large number of people whose tax is deducted at source did not get the payments credited which, in turn, held up refunds.

It was because the National Securities and Depositories Limited (NSDL), which accounts the tax receipts, could not record the payments as I-T returns of many did not carry the permanent account number (PAN). In some cases, the returns were not filed at all, said a statement issued by the income tax department.

The drive, which will continue till July, will enable the tax payers to file returns and also update those already filed with corrected PAN. The department has asked the assessees to utlilise the online facility to confirm whether the amount is credited to their name or not by logging on to www.tinnsdl.com and seeing the statement of PAN holder in form number 26AS.

In Nagpur, tax worth Rs 126.4 crore has been paid but not accounted for. Returns have not been filed in 1,488 cases at all which PAN was not quoted in 4,638 returns.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting