Why to file income tax returns?
Here are the reasons why should you file your income tax returns?
-> If you fail to file income tax return then there may be a penalty imposed by income tax department.
-> You don’t get the benefit of carry forward of lossed
-> If a refund is due after adjustment of prepaid taxes or TDS, then you have to file income tax return.
-> It is very much required, if need any loan from bank.
-> Creates your financial history with Income Tax Department.
-> It is required if visa for foreign country is required.
-> Income tax return is a proof of your financial life while making any investments.
For any further details regarding filing income tax returns, you can contact at email@example.com