Under which circumstance might you receive a tax refund from the IRS?
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hey The circumstance in which you might receive a tax refund from the IRS if lou have paid more taxes than you owed for the year.
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Indian Revenue Service is an administrative wing under which Income Tax and Indirect Tax officers functions. Hence, these sub-agencies are empowered under legal enactment to release tax refunds to assesses.
Explanation:
- Incase excess amount of tax is paid, shall apply for the refund within two years of such application.
- United Nations agencies or embassy or consulate of foreign countries when pays any tax, such institution shall apply for the refund within six months of the said period.
- Input credit if remains unutilized in books can be claimed.
Tax refund claim process:
https://brainly.in/question/1960339
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