ITR Filing: Why July Is the Best Month to File Your Return

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July is the heart of tax season—and the ideal time to complete your ITR filing. Filing now helps you avoid last-minute rush, portal slowdowns, and potential penalties under Section 234F. With Form 16, AIS, and Form 26AS already available, taxpayers can reconcile income and deductions efficiently. Early ITR filing also ensures faster refunds, crucial for those expecting significant tax credits. Use this time to choose the right tax regime and review investment proofs. Filing ahead of the deadline reflects financial discipline and reduces the risk of mismatches or scrutiny.


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