By Jwala K.P – On May 27, 2022 3:33 pm The Chennai bench of Customs, Excise & Service Tax Appellate Tribunal has held that service tax refund filed after the introduction of GST cannot be denied by invoking section 11B. During the audit of accounts of the assessee, M/s. Doowon Automotive Systems India Pvt. Ltd. […]
Archive for the
‘Tax Refund’ Category
SAN MATEO, Calif. (KGO) — The fiasco at California’s Employment Development Department (EDD) during the pandemic is rearing its head – two years later. You may recall the EDD was so overwhelmed it wound up paying billions of dollars to scammers using stolen IDs. Now, the EDD is trying to claw back that money — […]
Typically, a refund means you overpaid. If you’re unsure of your withholdings, there’s a helpful tool on the IRS website to help you calculate. Author: abc10.com Published: 6:27 AM PDT May 25, 2022 Updated: 6:27 AM PDT May 25, 2022
Subsidy received in the form of Octroi refund is Capital reciept for Income Tax: ITAT Briefly, the facts of the case are that the respondent-assessee is a company incorporated under the provisions of the Companies Act, 1956. It is engaged in the business of manufacturing and sale of connecting rods assembling and other engineering goods. […]
Wyomingites have until June 6 to apply for a partial property tax refund for 2021. To qualify for the state’s refund program, funded this year for the first time since 2019, you must own a home and have lived in Wyoming for at least five years. The program is meant to give lower-income taxpayers a […]
Workers across the country could be missing out on much-needed cash that would make a big difference amid the spiralling cost of living. With bills, particularly the cost of heating homes, going only in one direction, a tax refund from HMRC could make a big dent. Research by RIFT Tax Refunds has found that many […]
Tetra Images / Getty En español After preparing your tax return and discovering you’ll get a refund, you might start planning how to spend or save it. Not so fast! Mistakes on your 1040 can keep you waiting for that refund. “When your return is right to start with, the chances that you’ll get your […]
Image source: Getty Images Did you get more than the average tax filer or less? Key points Most people who file a tax return wind up with a refund. The average number this year is pretty substantial at over $3,000. A smaller refund isn’t a bad thing. Now that the 2022 tax season is in […]
Image source: Getty Images It’s a move I still don’t regret. Key points Tax refunds should not be regarded as found money. In spite of that, one year, I treated mine as such. As a self-employed writer, I’m no stranger to having to pay the IRS during tax season. Although I make a point to […]
Specialist work clothes, uniforms, footwear, tools, and equipment – many of us need these items to perform at our jobs and some of them don’t come cheap! The good news? You can claim back tax on uniforms and some other items. Construction workers, teachers, and healthcare workers – find out what you’re owed and how […]