What do you mean by tax and glance system

1.	What do you mean by tax and glance system
Answer» There is a prescribed form through which the particulars of income earned by a person, and the taxes paid thereon, are communicated to the Income TAX DEPARTMENT. There are different forms for the FILING of RETURNS based on different STATUS and heads of income. This is called the return of income.

Answer»

There is a prescribed form through which the particulars of income earned by a person, and the taxes paid thereon, are communicated to the Income TAX DEPARTMENT. There are different forms for the FILING of RETURNS based on different STATUS and heads of income. This is called the return of income.

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What do you mean by tax and glance system

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