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