« Top Headlines » Open DEMAT Account in 24 hrs  ITR filing deadline extension now demanded by this Tax Bar Association due to many issues including technical glitches with ITR portal  GST Rule Changes for FY 2025 26  Income tax return filing 2025: Five ITR mistakes that can trigger an income tax notice in 2025  ITR filing What is updated income tax return and ITR U Who can file & what you can t change - top points to know  Shifted to new tax regime? Here are 5 investments you shouldn't drop  Auditing and Assurance Standards Board Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects. «  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.