ITR Filing
Description
What is ITR Filing?
ITR filing or Income Tax Return filing is mainly giving the Income Tax Department a confirmation that the taxpayer has made essential provision for assessment of his income and also paid the taxes as needed under the provisions of law.
Section 139 of the Income Tax Act makes filing of returns obligatory for a few classes of taxpayers. Income Tax Return is basically a form that is used for filing the income tax with the income tax department.
Income tax is a tax that is levied by the Central Government on the revenue of a person. It is the responsibility of every citizen to file income tax. The IT department authenticates the declaration of income and in case, any amount is paid in excess then the department refunds the amount to the assessor’s bank account.
To avoid the penalty, all the entities are needed to file the taxes. The form that contains information about income and tax paid by an assessee is known as Income Tax Return.
DOCUMENTS NEEDED FOR ITR FILING:
To file ITR, you need to submit these documents:
- Pan Card
- Income Tax Portal Password (if already filed earlier)
- Aadhaar Card
- Mobile No. Connected with Aadhaar
- Email id
- Bank Statement For Last 1 Year
- Proof of Investments
- TDS Certificate
WHY CHOOSE US?
Just share with us your bank statement and cash transaction details to make the financial statements. Thus, professionals at BusinessBadhega.com promise to file the income tax return within a short time.