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Indian Income Tax

 

Income Tax Refund -2007-08

Tags : Income Tax Refund -2007-08
Industry : Law
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About " Income Tax Refund -2007-08" topic:

Hi all,


Government of India is going to refund money from Income tax due to heavy
recession and decline in economy. Please find the procedure and form to get
back your 15000-25000 Rs. Hope there is some smile on your face for a while
after going through the attachment. At least there is somebody who cares for
your smile.

1 insight , 2 debates , 1 question on topic: " Income Tax Refund -2007-08"
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Yes 
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 No
RAJAGOPAL MS  |  Argues in support of  "Yes"  |  2 years ago
purpose of income tax refund activity is helpful. but the processing method is not smooth and it is highly confusing Adv.MS.Rajagopal  
Neelam Mishra  |  Argues in support of  "No"  |  3 years ago
I know that individual taxpayers can e-fill track the status of their income tax refunds online but still i see so many pending requests... What other steps govt has taken....can you throw some light on this..... Thanks !!!
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income tax rebate
Pragya Kothari  |  Answered  |  3 years ago
The following are some of the main non-taxable items of income: Life insurance proceeds IRA and Pension rollovers Child support payments Inheritances Gifts Workers Compensation Disability payments if you paid the premiums on the policy. If your...
RAMANATHA PRABHU N  |  Answered  |  2 years ago
Income less than the maximum not chrgeble to tax is non taxable income.
 
 
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By : babelittle, other, any  | New post
 
 
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We should not pay Tax  
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 It leads to corruption at some level.
sanjay dey  |  Argues in support of  "We should not pay Tax "  |  1 year ago
history tells us that govts all throughout had collected taxes for the benefit of the society and run the administration. so, it is our duty to pay tax and help our govt to run our country
vishal  |  Argues in support of  "It leads to corruption at some level."  |  1 year ago
And Yash, you work in Tax consultancy. Why you are killing your own mother who earns you money? LOL!! you are very negative buddy, be positive!!
ALFREDO N. RAMIREZ  |  Argues in support of  "It leads to corruption at some level."  |  1 year ago
It is my opinion that citizens should pay their taxes dutifully in order for the government to functions efficiently and effectively.  Now guarding where the government funds, as a result of collection of citizens taxes, go, it is now the...
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Other knowledge matching " Income Tax Refund -2007-08" topic
Activity: 235 referals , 7 comments, 3225 views  
HRA stands for House Rent Allowance, it is an allowance provided by an employer to an employee. The main intention of this is to meet the cost of renting a home. Everybody whose salary package includes HRA is potentially eligible to get some deduction in Income Tax. Most, of the government and private employees have HRA as part of their salary package. In order to get income tax deduction for HRA, you must be paying rent for your accommodation; merely receiving HRA won’t help you to get tax benefit. Are you eligible for deduction under HRA…..??? We have designed and prepared this article to make you understand how you can claim tax deduction for HRA and what is the maximum tax exemption limit allowed for that. You can get tax deductions on HRA only if you are paying a rent of more than 10% of your salary. In majority cases, the rent, especially in cities is well above salary. For the purpose of discussion on HRA, salary means your Basic + Dearness Allowance (DA).  Most of us think...
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