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The Supreme Court of India struck it down as unconstitutional in 2005, after which the Government of India agreed to update the Assam NRC. [3] Following unsatisfactory progress on the process of updating the Assam NRC for over a decade, the Supreme Court started directing and monitoring the process in 2013. [3]
Income tax return is the form in which assesses file information about his/her income and tax thereon to Income Tax Department. Various forms are ITR 1, ITR 2, ITR 3 , ITR 4, ITR 5, ITR 6 and ITR 7. When you file a belated return, you are not allowed to carry forward certain losses.
The National Register of Citizens for Assam is a registry (NRC) meant to be maintained by the Government of India for the state of Assam.It is expected to contain the names and certain relevant information for the identification of genuine Indian citizens in the state.
After entering the required information, you should be able to view the current status of your tax refund. Common statuses include "Return Received," "Refund Approved," and "Refund Sent."
Income tax in India is governed by Entry 82 of the Union List of the Seventh Schedule to the Constitution of India, empowering the central government to tax non-agricultural income; agricultural income is defined in Section 10(1) of the Income-tax Act, 1961. [2]
The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment of the Constitution of India by the Indian government. The GST replaced existing multiple taxes levied by the central and state governments. It an indirect tax (or consumption tax) used on the supply of goods and services. It is a ...
Assessment is done to ensure correct estimation of total taxable income of an assessee (i.e. taxpayer) and it determines amount of tax to be payable by (or to be refunded to) assessee. Most income tax returns filed are processed by the Centralised Processing Center in Bengaluru [26] on the basis of the information provided by the taxpayer. Such ...
Here’s how to check the status of your N.C. refund, why your refund could be delayed and why your refund could be different than expected. How can I check the status of my refund?