1. How do you apply the ITR? - Steps to submitting your ITR via email
ITR Efiling - Login & Required Documents Before we begin, you must have the following documents to speed up the process: PAN Adhaar Bank account details Form 16 Details of investment
Frequently Asked Questions
Why is it important to apply for a tax return?
The Department of Revenue authorizes you to complete a rebate only if your income exceeds the basic exemption limit or if you meet certain conditions such as foreign travel expenses in excess of Rs 2 lakh and electricity consumption of Rs 1 lakh or more, Deposit amount / total amount more than Rs 1 crore on one or more current account for FY 2019-20 or onwards. In the case of a resident whose property is outside India or has the authority to sign an account outside India.It is always a good idea to enter your ITR even if you do not qualify due to the benefits. The inclusion of the ITR creates effective proof of income, The ITR is required to apply for any future loans ITR is required by banks even for inserting credit cards ITR required for VISA applications etc. It is therefore advisable to enter the ITR even if your income is below the basic release limit.
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