Amii Lynsey

2024 Tax Day Deals India. More than 7 crore itrs were filed by the deadline, but as of august 23, 2024, the income tax department has processed only 5.34 crore of these returns. Income tax refund becomes applicable when taxes paid exceed the tax liability, which includes tds, tcs, as well as advance.

Also check tax slabs, tax regimes, and how to calculate tax with examples. This day commemorates the historical evolution of tax administration in india and.