Tuesday December 10, 2019
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Vodafone Battles Income Tax Department Seeking Refunds

After the Supreme Court judgement on AGR, tax officers are in fix that since refund is pending how do they adjust with the AGR payments

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vodafone
Vodafone logo.

Vodafone India and the Income Tax Department are battling it out as Vodafone seeks refunds while the Income Tax Department is laying claim to previous demands.

From assessment year 2006-07 to 2013-14, Income Tax department has raised demands of Rs 1842 crore and the demands under different sections have been stayed by the tribunal.

These include Section 250, 143, 143 (3), and 263, all of which have been stayed by the tribunal.

As per the tax assessment in the Mumbai circle, in 2010-11, The demand of assessment year was Rs 2127 crore adjusted against refund on October 11 by CPC although the demand was stayed by ITAT.

The Income Tax Department has sent a second notice to Deepak Kochhar, husband of ICICI Bank Chief Executive Chanda Kochhar, who is facing conflict of interest questions over the bank's Rs 3,250-crore loan to the Videocon Group in 2012, a department official said on Monday.
Income tax Department Logo. IANS

The refund was approved but the refund was not issued due to a error while reading by CPC-ITR. A complaint was lodged for the same by IT Department.

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Thereafter for 2018-19, the scrutiny is pending and therefore the refund has been withdeld under Section 281 B of the IT Act. Since the scrutiny is pending no refund has been give,

After the Supreme Court judgement on AGR, tax officers are in fix that since refund is pending how do they adjust with the AGR payments. (IANS)

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Gunning Down the Rapists

Here's how giving a death penalty to rapists is the right thing to do

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Rape
Rape is a heinous crime and the rapists should not be set free.

By SALIL GEWALI

The horrendous acts committed by four boys provoked nationwide outrage. The accused, after the premeditated rape, had set the victim’s body on fire. Nothing could be as shocking as this. Thank God today those four got shot dead in an encounter. I salute the police even if it is a fake encounter. What more we need more than the confession by the criminals. The “evil” must be done away with by all means at the earliest. Else, the rapists will be set free within a few months/years. This again will only embolden other sadists.

Rape punishment
The monsters who raped Nirbhaya in 2012 were awarded with a sewing machine along with the cash prize of Rs 10000/-.

I’m afraid, there is no shortage of leaders and so-called “activists” in the country who stand up and scream to defend the criminals of high order. The monsters who raped Nirbhaya in 2012 was awarded with a sewing machine along with the cash prize of Rs 10000/-. Who proposed this beastly idea? It was by our leaders. Why didn’t we condemn such leaders first? Tolerating the evil is itself a big sin.

Also Read- Bollywood Legend Waheeda Rehman Turns into Wildlife Photographer

This is nothing but allowing to rape the body of society!  Therefore, I fear certain “leaders and activists” of modern times that question the values of humanity, but keep mum, or defend evil of a “certain” kind.

Salil Gewali is a well-known writer and author of ‘Great Minds of India’.
Twitter:@SGewali

 

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