When you are eligible for income tax refund you must claim it whiling file your income tax return. No special form is to be submitted to claim the refund. However, if you forget to claim it then you can revise your return within a specified period of time and claim the refund in the ...
Documents required for checking the status of the refund are PAN and Assessment Year information. What is the Reason for the Exception in the Refund Status for Various People? The income tax returns are to be furnished only on the grounds of the date but also to your income and refund amoun...
Recently, I changed the same Address of Assessee of my PAN card from NSDL and now the profile part of Income tax website, the Address of Assessee is showing as the new address. But, still now the jurisdiction Accessing officer shows the old address. I had two queries: 1) Do I need...
The Income tax circular no. 11/2024 related to the application or claim for refund and carry forward of loss and set off thereof U/S 119(2)(b). Read Circular01st October 2024The Income Tax Department has enabled the online filing of Form 1 DTVSV on its official portal.. Read ...
NRIs cannot adjust the taxable capital gains against the basic exemption limit. So if an NRI earns Rs 2.5 lakh capital gains, he will have to pay tax at applicable rates for the full amount even if he has no other income. Due to this, NRIs may have to claim tax refund if more is...
Details of tax collected on behalf of the taxpayer by collectors. Part B of Form 26AS Advance tax/self-assessment tax/regular assessment tax, etc. deposited by the taxpayers (PAN holders), Part C of Form 26AS Details of the paid refund received during the financial year, Part D of Form...
NRIs cannot adjust the taxable capital gains against the basic exemption limit. So if an NRI earns Rs 2.5 lakh capital gains, he will have to pay tax at applicable rates for the full amount even if he has no other income. Due to this, NRIs may have to claim tax refund if more is...