Post by: Renu Suresh in Income Tax
Pre-validation of Bank Account for Income Tax Refund Pre-Validation of Bank Account is mandatory for claiming the income tax refund. If the taxpayer has miscalculated income tax and paid in excess or have an excess tax deducted at source (TDS),…
Post by: Sinduja Shankar in Income Tax
Income Tax Refund Assessees who have paid a higher tax to the government than their actual tax liability in the previous financial year, are required to file their income tax return (ITR) to claim the eligible amount of income tax…
Post by: IndiaFilings in Income Tax Personal Finance
Income Tax Refund An income tax refund is an amount returned by the government to a taxpayer. The need to provide a refund arises when the tax liability of the taxpayer is less than the taxes paid. The question of…
Post by: IndiaFilings in Income Tax
Form 30 - Income Tax Claim for refund of tax [maxbutton id="17" url="https://www.indiafilings.com/learn/wp-content/uploads/2018/04/Form-30.pdf" text="Download Form 30 in PDF Format" ]
Post by: Supreena in Income Tax
Form 40A Form of nomination [maxbutton id="17" url="https://www.indiafilings.com/learn/wp-content/uploads/2018/04/Form-40A.pdf" text="Download Form 40A in PDF Format " ]
Post by: Supreena in Income Tax
Form 46 Application for information under clause (b) of sub-section (1) of section 138 of the Income-tax Act, 1961 [maxbutton id="17" url="https://www.indiafilings.com/learn/wp-content/uploads/2018/04/Form-46.pdf" text="Download Form 46 in PDF Format" ]
Post by: IndiaFilings in GST
Unutilised Input Tax Credit Refund under GST An inverted tax structure could lead to accumulation of input tax credit on the taxpayers GST account. For example, input tax credit would get accumulated if an entity purchases an input that is…
