Tax return

Learn how to maximize your tax return with these top strategies and tips. Find out how to take advantage of deductions and credits to get the most out of your tax refund.
It is important to file Income Tax Return even if you have paid all your taxes, even if your income is below exemption limits.  Income tax Act has specified certain situations when it is mandatory to file ITR. In fact, besides the mandatory requirement, filing Income Tax Return on time has many benefits as well and non-filing may attract penalties and interest on taxes, if unpaid. Lawyer Tips, Law School Prep, Income Tax Return Filing, Future Lawyer, Business Lawyer, School Prep, Easy Loans, Contract Law, Dream Jobs

Benefits of Filing ITR on time

It is important to file Income Tax Return even if you have paid all your taxes, even if your income is below exemption limits. Income tax Act has specified certain situations when it is mandatory to file ITR. In fact, besides the mandatory requirement, filing Income Tax Return on time has many benefits as well and non-filing may attract penalties and interest on taxes, if unpaid.

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