MAN RECEIVES INCOME TAX REFUND AFTER 11 YEARS

Eleven years after he began his fight for an income tax refund, a man has finally managed to receive his due from the authorities coupled with accrued interests following delay in payment. Prakash Aswani, who took voluntary retirement from United India Insurance Limited (UIIL) as a development officer in 2003 and is now a financial consultant, had filed his IT returns for the period April 1, 1995 to March 31, 1996 on a gross total income of Rs 1,32,056, he told PTI. When calculated, the tax on

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4999

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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