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How to File Income Tax Return? | ITR Filing | Income Tax Return status Due Dates

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Shruti Chugh
How to File Income Tax Return? | ITR Filing | Income Tax Return status Due Dates

We make the ITR filing hassle-free to ensure customer satisfaction. Get your ITR filing form online. Click here to know How to file income tax return. Check your Income Tax Return status and  Income Tax Due Dates An individual earning taxable income, example 10-12 lakh.

However, if an individual fails to file the income tax return, a notice could be issued against them and a legal action may be taken if no further action is taken by the concerned individual. In addition to that, failing to file ITR could also result in deduction of high TDS. 

Income tax Return (ITR) is filing of a form to the Department of Income Tax which includes information regarding an individual's income and tax of a year, including income from salary, profit and loss from business and profession, income from property, and more.

So, there is that, now the question arises, who needs to file ITR?

The basic definition of - what is Income Tax Return, is not tough to understand, but the real question arises is who needs to file it? 

Below-mentioned are the individuals who are required to file ITR -

  • If an individual's income is above the prescribed amount, i.e., Rs 2,50,000 as per Income tax Department.
  • It is mandatory for all the corporate entities to file an ITR.
  • An individual earning taxable income, example 10-12 lakh.

However, if an individual fails to file the income tax return, a notice could be issued against them and a legal action may be taken if no further action is taken by the concerned individual. In addition to that, failing to file ITR could also result in deduction of high TDS. 


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Shruti Chugh
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