Filing Income Tax Returns: A Crucial Financial Responsibility
Category: ca, Posted on: 19/06/2025 , Posted By: admin
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Filing Income Tax Returns (ITR) is an annual obligation for individuals and businesses to declare their income, claim deductions, and compute tax liability. Timely filing ensures compliance with the law, enables claiming refunds, and serves as proof of income for various financial activities. Different ITR forms apply based on income sources such as salary, business, capital gains, or foreign assets. E-filing portals and digital tools have simplified the process, but professional guidance ensures accuracy and maximized benefits.

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