Infosys was in 2019 awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns from 63 days to one day and expedite refunds.
Infosys was in 2019 awarded a contract to develop the next-generation income tax filing system to reduce processing time for returns from 63 days to one day and expedite refunds.
The I-T department did not specify the financial year for the refunds. However, it is believed that the refunds are for tax returns filed for the 2019-20 fiscal.
The Income Tax department carried out the searches at 28 locations in Delhi, Hyderabad, Mumbai and Pune on premises linked to Phantom Films, Kashyap, Pannu, Vikas Bahl, Madhu Mantena
Hyderabad: G Praneet Kumar slammed 188 in Income Tax’s big score of 461 for 9 in 87 overs against Jai Hanuman on the first day of the three-day Group A A-1 league match on Tuesday Brief scores: Group-A: BDL 138/9 in 41.4 overs (Hima Teja 58 no, Vidyanand Reddy 6/23) vs Deccan Chronicle 136/1 in […]
According to officials, the raids were carried out on November 27 in the case of an IT SEZ developer, its former director and a prominent stainless-steel supplier at 16 premises.
Hyderabad: The city unit of the Central Bureau of Investigation (CBI) has booked a case against Hyderabad GST Commissionerate Computer Section Superintendent for allegedly possessing assets disproportionate to his known sources of income. In the FIR, the CBI said K Janardhana Rao joined the Central Excise Department as an Inspector in 1992 and worked in […]