Post by: Sreeram Viswanath in Accounting Income Tax
Income Computation and Disclosure Standards (ICDS) Income Computation and Disclosure Standards (ICDS) are guidelines using which taxpayers and the Income Tax Department can calculate the taxable income obtained by an assessee in a financial year. The ICDS were framed by…
Post by: Sreeram Viswanath in Government Initiatives Income Tax
Income Tax Refund (ITR) Status Check through NSDL Income tax refunds are initiated when the taxpayer has deposited payments which exceed the actual tax liability. A refund is calculated by considering the total income of the taxpayer, the deductions and…
Post by: Daphne in Government Initiatives Income Tax
Income Tax Calendar The Income Tax Department of India requires a person to complete various kinds of compulsory tax formalities, such as filing income tax returns before the due date, paying advance tax on time, and replying to notices sent…
