Income Tax Return

Benefits of filing Income Tax Returns

  • Avoid IT Scrutiny
  • Avoid legal repercussions If cash deposited during the demonetization period is greater than Rs 2 lakh in your bank account.
  • Avoid Tax Notices
  • Taxpayers often get served notices from the IT department for delayed & missed return submissions.
  • Build Financial Documentation
  • Your Tax Return documents are proof of your financial investments and will be useful when you apply for a loan or a visa.
  • Carry Forward your losses
  • You can carry forward losses against house property and depreciation.
  • Tax Refund

 

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