by Audit Analyst | Dec 23, 2025 | Company Tax
Eligibility to Claim Refund of Excess Tax A company is eligible to claim a refund if it has paid more tax than its actual liability during a financial year. The excess can result from higher advance tax, TDS, or self-assessment tax. Refund is possible when total tax...
by Audit Analyst | Dec 23, 2025 | Company Tax
Understanding Rectification of ITR Rectification of ITR refers to the correction of mistakes or discrepancies in a processed income tax return. This is done under section 154 of the Income Tax Act, where a company can request the Income Tax Department to amend a...
by Audit Analyst | Dec 23, 2025 | Company Tax
Role of a Tax Consultant Tax Planning and Strategy Development A tax consultant helps individuals and businesses minimize their tax liability through legitimate planning. They provide tailored strategies based on current laws and financial goals. Analyzes income,...
by Audit Analyst | Dec 23, 2025 | Company Tax
E-Verification of Income Tax Return Meaning of E-Verification E-verification is the electronic process of validating an income tax return filed online. It confirms that the return has been filed by the rightful taxpayer and completes the return filing process. It...
by Audit Analyst | Dec 23, 2025 | Company Tax
Digital Signature and Its Use in Tax Filing Meaning of Digital Signature A digital signature is an electronic form of a signature used to authenticate documents online. It is issued by a licensed Certifying Authority and ensures data integrity and signer identity. It...
