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What is Rebate in Income Tax?
As a taxpayer, you must have been in a situation where your employer paid TDS more than your actual tax liability. You may have also encountered a situation in which you paid more tax than you actually owed because you were... moreWhat is Rebate in Income Tax?
As a taxpayer, you must have been in a situation where your employer paid TDS more than your actual tax liability. You may have also encountered a situation in which you paid more tax than you actually owed because you were unaware of the various tax provisions. In such cases, you can recover the excess amount paid in taxes in the form of a rebate.
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