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TAX REFUND SEIZURE
GST Tribunal revamps appeal process: Division bench review now mandatory for appealsThe move seeks to prevent smaller benches from deciding cases involving important legal questions, ensure consistent rulings, and streamlin...- Education department pauses wage garnishment and tax seizures for defaulted student loan borrowers amid repayment reformsThe US Department of Education has temporarily halted plans to resume wage garnishment and federal benefit seizures for defaulted student l...
- Social Security payments, income tax refunds, wages paychecks may be stopped for millions of Americans. Here's how to check, resolve issueFederal Student Aid website says the government sends a notice to your last known address to inform you that a seizure is scheduled to begi...
- Why tax refunds could shrink for millions of Americans as debt collection resumes in JanuaryTax refund garnishment: Millions of Americans with defaulted federal student loans face a significant change. Starting January 2026, the go...
- March 31 is the last date to file ITR-U for AY 2021-22; If you miss, be ready to pay up to 200% of the income tax evadedIncome tax updated return: March 31, 2024 is the last date to file an updated income tax return (ITR-U) for AY 2021-22 (FY 2020-21). Do not...
- Custom officials have to ascertain purity and value of seized goldNormally, when customs officials seize gold, they hand it over to the Reserve Bank of India (RBI) via SPMCIL on a quarterly basis, through ...
- Cairn says completed all steps of retro tax repeal law, entitled to Rs 7,900 cr tax refundThe company on November 26, 2021, initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an internatio...
- Devas shareholders to continue seizing Indian assets abroad"The decision by the Supreme Court does not change anything. The Modi government and the Indian courts cannot rewrite the facts. Their flim...
- $1.2 bn arbitration award: Govt says no formal proposal from Cairn to settle disputeWith New Delhi refusing to pay and instead challenged the award before a court in The Netherlands, Cairn has got the order registered in se...
- Air India has time till mid-July to challenge Cairn lawsuitAir India is controlled by the Indian government so much that they are "alter egos", Cairn had said in the lawsuit filed with the US Distri...
- No directive to PSBs to withdraw funds in foreign accounts: Finance MinistryIt added that the government was strongly defending its case against the arbitral award in the The Hague Court of Appeal on several grounds...
- Cairn identifies $70 bn Indian assets for seizing to recover amount due from govt"The Indian government naturally will challenge such seizure but to save the assets it may have to pawn money equivalent to the value of as...
- I-T returns: 3,500 exporters under lens"Traders who have clean transactions have nothing to fear and will not face any hardship," a tax official said.
- Frauds prompt government to act tough on errant exportersGovt is working on a new "risk management system" under which the income disclosed in the tax returns will be matched with the value of con...
- ET View: Remove arbitrariness in tax administrationThe Centre has sent out a stern warning to tax sleuths of zero tolerance towards graft.
- Govt says cash seized during 2014 polls returned, draws SC ireThe Centre on Friday told the Supreme Court that almost entire cash seized during last general election was refunded.
- India not to sell Cairn Energy shares to recover taxAn international arbitration tribunal is hearing Cairn's challenge to the government using a new law that gave it powers to impose tax retr...
- Cairn adds another $249 mn to compensation claim from IndiaTo recover this, the tax department "seized" USD 104.7 million of dividend income due to it from Vedanta Ltd, where it holds about 5 per ce...
- IT Dept refunds Rs 51,908 crore till Oct 2012The I-T department has paid a tax refund of Rs 51,900 crore during the first seven months of the current fiscal.
- FM makes tax dept more people-friendlyThe government on Tuesday announced the setting up of a National Tax Tribunal for uniform interpretation and implementation of the Income T...
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