CBDT issues refunds of over Rs 1,36,066 crore to more than 4.019 million taxpayers between 1st April, 2020 to 17th November
The Income Tax department has issued refunds worth over Rs 1.36 trillion to over 4 million taxpayers so far this fiscal. This includes Personal income tax (PIT) refunds amounting to Rs 35,750 crore and corporate tax refunds of over Rs 1 trillion during this period.
The Supreme Court today deferred the hearing of petitions seeking an extension of loan moratorium and waiver of interest on interest on term loans during the six-month Covid-19 moratorium period. On November 5, a three-judge bench of the apex court, headed by Justice Ashok Bhushan deferred the hearing to November 18, after the Additional Solicitor General (ASG) Venkatraman sought adjournment in the hearing, stating that the Solicitor General (SG), Tushar Mehta, was arguing in Central Vista case in another bench.
Delhi University’s new academic session commenced today.
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