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Smart things to know about income tax refunds
August, 23rd 2017

Once you file your income tax returns, it is processed by the tax authorities. It is after this stage refund orders, if there is any, are generated and transmitted to the State Bank of India's CMP Branch in Mumbai, the income tax refund banker. The refund can be processed in two ways: direct credit and cheque.
Here are four points you should know about income tax refunds.

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