Tag Archives: Income Tax Refund

Income tax refund : common questions and answers

How does Income tax Refund arises  ? Refunds generally arise due to (i) Excess payment of tax by way of advance tax, tax deducted at source and tax paid on self-assessment in the context of assessment proceedings; (ii) refund can arise consequent to relief in appellate proceedings; and (iii) there could be cases of direct refunds,… Read More »