 "income-tax")
I-T dept holds back Rs 20,000 crore in tax refunds to private, PSU firms
The income-tax (I-T) department has decided not to release many high-value refunds claimed by corporates and public sector units for the financial year 2016-17, citing reasons such as discrepancies in the credit of tax deducted at source (TDS), carry forward losses, and pending tax demand for the previous years, said two sources privy to the development. Read on
RIL Q3 net profit up 8.8% to Rs 10,251 cr on petrochem, retail, telecom
Oil to telecom conglomerate Reliance Industries (RIL) posted a net profit of
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