How to Check and Claim Your Income Tax Refund Online
Income Tax Refund: Meaning and Process An income tax refund is issued when a taxpayer pays more tax than their actual liability. This excess payment can arise under various heads like self-assessment tax, advance tax, TDS (Tax Deducted at Source), or foreign tax credit. Refunds are processed after the taxpayer files and verifies their Income Tax Return (ITR). If eligible, the taxpayer […]