2022-08-28

Reasons to Timely File Your ITR

Here are a few reasons to timely file Your ITR, whether you are an individual filer, or entity/business filer:

1. It is the law in certain situations

2. You are required to in order for compliance reasons for your personal or business requirements

3. To claim your tax refund of TDS

4. To open a bank account (Fixed Deposit. Savings Account, Current Account)

5. For borrowing funds / loans (car, house, personal, etc.)

6. For foreign remittance purposes

7. Required for property purchase

8. For investing in mutual funds and shares compliance

9. To deal with any kind of high value transactions

10. Peace of mind

11. Helping the country

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