Income tax is levied on Income of every person ,As per Income tax law what constitute income ?

Under the Income-tax Law, the word income has a very broad and inclusive meaning. In case of a salaried person all that is received from an employer in cash, kind or as a facility is considered as an income. For a businessman his net profit will constitute his income. Income may also flow from investments in the form of Interest, Dividend, Commission, etc. Further, income may be earned on account of sale of capital assets like building, gold, etc.

Income shall be computed as per relevant provision of Income-tax Act, 1961 which lays down detail condition for computation of income chargeable to tax under various heads of income​

Who is an assessing officer as per income tax ?

He/She is an officer of the Income-tax Department who has been given jurisdiction over a particular geographical area in a city/town or over a class of persons. You can find out from the PRO or from the Departmental website http://www.incometaxindia.gov.inabout the officer administering the law which could be based on your geographical jurisdiction or the nature of income earned by you.

Is my responsibility under the Income tax act over once taxes are paid ?

No, you are thereafter responsible for ensuring that the tax credits are available in your tax credit statement and TDS/TCS certificates received by you and that full particulars of income and tax payment are submitted to the Income-tax Department in the form of Return of Income which is to be filed before the due date prescribed in this regard.

What should I do If my income tax payment particulars are not found against my name in the website?

The possible reasons for no credit being displayed in your Form 26AS can be:

1. Deductor/collector has not filed his TDS/TCS statement;
2. You have not provided PAN to the deductor/collector;
3. You have provided incorrect PAN to the deductor/collector;
4. The deductor/collector has made an error in quoting your PAN in the TDS/TCS return;
5. The deductor/collector has not quoted your PAN;
6. The details of challan against which your TDS/TCS was deposited was wrongly quoted in the statement by the deductor or wrongly quoted in the challan details uploaded by the bank.

To rectify these errors you may request the deductor:

1. to file a TDS/TCS statement if it has not been filed;
2. to rectify the PAN using a PAN correction statement in the TDS/TCS statement that has been already uploaded if it has made an error in the PAN quoted;
3. to furnish a correction statement if the deductor had filed a TDS/TCS statement and had inadvertently missed providing your details or you had not given your PAN to him before he filed the TDS/TCS return;
4. to furnish a correction statement if the deductor had filed a TDS/TCS statement which had mistake in the challan details;
5. to take up with the bank to rectify any mistake in the amount in the challan details uploaded by the bank.​

How can know that the Goverment has received income tax deposited by me as taxes in the bank?

The NSDL website [http://www.tin-ns​dl.com] provides online services called as Challan Status Enquiry. You can also check your tax credit by viewing your Form 26AS from your e-filing account at www.incometaxindiaefiling.gov.in

Form 26AS will also disclose the credit of TDS/TCS in your account.​