Friday, October 1, 2021

Delay in refunds from Income Tax department hurting cash-flow, say businessmen

Several businessmen and their accountants said refunds are taking time in cases where the amount is more than Rs 1 crore. This situation is pushing some businessmen to go for expensive loans, a chartered accountant said.

source https://economictimes.indiatimes.com/industry/banking/finance/delay-in-refunds-from-income-tax-department-hurting-cash-flow-say-businessmen/articleshow/86672683.cms

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