Use of income tax returns(itr)
RAHUL SINGH (Senior Process executive) (26 Points)
09 February 2016RAHUL SINGH (Senior Process executive) (26 Points)
09 February 2016
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 09 February 2016
An income tax return is a document you file with the Govt Revenue Department reporting your income, profits and losses of your business and other deductions as well as details about your tax refund or tax liability.
RAHUL SINGH
(Senior Process executive)
(26 Points)
Replied 09 February 2016
If we file ITR? we get tax refund from GOVT?
or just for proof we have to file every Financial Year?
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 09 February 2016
if the filing entity has TDS acumulated balance, and unable to utilize the same, then refund is also there,