Income Tax Refund Status
Income Tax Refund Status Under Income tax, the term refund can be defined as excess tax amount paid or deducted during the financial year which will be credited back to assessee. It will be credited back along with the Interest. The tax amount paid or deducted could be in the form of advance tax, self-assessment tax, tax deducted at source, In case of double taxation, for example – when a person is a citizen of one country but derives income from another country. However, there are a few coun ...