What is Tax Refunds ?

Answer Posted / n.ramanathan

tax refunds means when the assesee liable to pay tax, and the assessee when pay to extra amt to tax department by the assesee liable to get cash or credit the amt.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how many form used in sales tax return from begining to ending?

1256


Whether We can Get the Refund of Service Tax Paid Wrongly to the department.We are not suppose to pay the tax and we knew after that we can adjust that servies tax what we have collected from our client aganst services received from our suppliers.

4967


what do u meant by investment banking

1843


how to finalaze the balence process using tally

1937


if waybill issued by consignor , then c form issue whose responsibility?

1079






Who advance tax is the asset for company? What are the accounting entries of advance income tax

1411


how to caluclate the mumbai tax with example? what is mean by credit and debit ?

1448


how much tds deducate on hotel party arrange by company

1513


Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..

1599


Rules for filling Income Tax return for an Individual ?

1504


what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it

1847


Which income is considered as accrued income?

647


what difference in motvat & cenvat? and why this prepared?

1782


What is tha Central sales tax rate 2010 in andhrapradesh

2712


send me all current year taxation such that rates and exemptions or on which web site i have to prefer

1497