Income Tax Return (ITR) Filing is a process that should submit to the Indian Tax Department. It contains information on personal income and taxes to be paid during the year. The information included in the ITR must be relevant to a particular financial year, i.e., beginning on 1 April and ending on 31 March of the following year.
Benefits of Income Tax Return Filing-
Type of Income Tax Return-
It is always very significant to choose a proper form for income tax return filing. There are seven types of income tax return forms.
Consequences of not filing ITR-
If you do not file ITR, the maximum penalty is Rs 1000 for the individual and Rs 10,000 for the other than individuals.
File ITR before 31 December 2021, at BTHAWK. Think as a duty & be a responsible citizen of the country.