TAX PAYERS – INDUSTRY, TRADE AND COMMERCE – EXPECTATIONS

TAX PAYERS – INDUSTRY, TRADE AND COMMERCE – EXPECTATIONS

The Industry, Traders and Commerce sections are largest tax payers of the Country. Also they are the wealth creators, employment creators, Investment opportunity generators. Generally the honest tax payers always expect some favorable attitudes from the Tax authorities in the form speedy process of clarifications, education and information for understanding the tax rates, due dates, […]

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 Income Tax Refunds

Income Tax Refunds

The excess paid, credited Income tax will be refunded to the tax payer by the Income Tax Department. The refund arises when: Advance Tax:  Excess Advance Tax paid by the tax payer voluntarily. TDS: The deductor deducts the tax when he pays the consideration to the Tax payer. TCS: When the deductor collects Tax from […]

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