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Refund and Relief

ANUJ KUMAR CHAURASIA (1 Points)

16 July 2019

difference between refund and relief?

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Mehul porwal (266 Points)
Replied 17 July 2019

Refund is the money which you will receive out of tax paid by you in excess of your tax liability.
Relief is the deduction which you can claim in your ITR, and it will reduce your taxable income.

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