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A tax refund is issued when the tax liability is less than the taxes paid, the government refunds the difference.
Various Useful Option for ITR | How to Download ITR | How to Check Tax Refund | ITR AY 2024-25 | ITR
A tax demand is a notice issued by the tax department to the taxpayer, indicating the amount of tax due that needs to be paid. It occurs when the tax department assesses that a taxpayer has not paid the full amount of tax due.
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