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Don’t Forget to Claim Your Refund under Excise

There are several areas in the provisions of taxation that has often been suppressed and kept way from the spotlight and one of such area is the area of claiming of refund under excise. This subject matter is an attempt to remind producers claim there refund. To prevent unjust enrichment of the manufacturers through refunds, the former Finance Minister Dr. Man Mohan Singh had introduced a bill in the Parliament on 12th August 1991, called .....

5 Steps to Get Income Tax Refund Faster

Every person wants to get their refund faster, to get refund faster you need to follow these steps. Do tax Planning as early as possible. Assess your tax liability before the end of the financial year. So you can plan your investment accordingly. (Calcuate Income Tax) Declare your investment to your employer so that they can deduct the correct amount of tax on your salary. Mention Bank Micr code and Bank account number correctly. Check .....

How to Get Income Tax Refund?

What is a Tax refund? When the tax liability or the amount of tax to be paid is less than the amount of taxes paid by the individual. For salaried individuals, it is possible that that the company deducted excess tax because you did not declare any of your investments to the company. In such a case, a tax refund may be helpful. How do I get the tax refund? Check your Income Tax Return, .....

Check Income Tax Refund Status Onilne

Individual taxpayers can now track the status of their income tax refunds online. To check the status of their refund, taxpayers can log in at https://tin.tin.nsdl.com/oltas/refundstatuslogin.html. If there is a problem, they can contact the assessing officer or the refund banker, the State Bank of India. In case of any grievance, taxpayers can also contact the additional commissioner in charge of the range or the income tax ombudsman. This facility is not for companies and .....