Zero tax casualties & minimal tax distress
Claim Your Tax Refund With Few Simple Steps
Register with Wealth4India by providing your personal details and Upload Form16 and relevant tax related documents to our website.
Uploaded documents shall be checked by Wealth4India team and our team member shall made a detailed dialogue with the client on his emerging tax scenario.
After a detailed dialouge with the client Wealth4India shall prepare Income Tax return with Comprehensive review of the ITR by our Tax experts
Finally ITR submission with The IT department and refund shall be claimed.
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Simplified and contrarian approach towards Tax Refund
The money which has been refunded by the Government to the Taxpayer for the overpayment of taxes paid by him is termed as Income Tax refund. This amount of tax refund is paid to the taxpayer after completion of relevant Financial Year.
When the Government acknowledged that the amount paid by taxpayer exceeds the tax liability is eligible for the Tax Refund. Following is the method to compute Tax Refund for any financial year
As per The Citizen's Charter issued by the IT Department ,Govt Of India in July 2010 , an IT refund has to be issued within a period of six months from the end of the month in which the return was filed in case of E - Filing and nine months , in modes of filing other than E filing. Citizen's charter of Income Tax Department , issued in July 2010, clearly mentions that an IT refund has to be issued within a period of six months from the end of the month in which the return was filed in case of E - Filing and nine months , in modes of filing other than E filing.
Income tax department may transfer your refund amount via ECS (Direct credit in bank account) or may deliver the cheque to the address disclosed in your ITR form. and it totally depends upon the option selected by the person in the ITR Form submitted by him.