Why ITR Filing Should Be a Priority Every Year

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 ITR filing is not just a legal requirement; it’s a necessary step for financial transparency. Filing your taxes every year helps avoid unnecessary penalties, such as those under Section 234F. It also helps track your financial progress, ensuring all income is accurately reported. An up-to-date ITR filing is crucial when applying for loans, visas, or government subsidies. It also offers a structured way to plan your finances and optimize savings. By filing ITR on time, you stay ahead of the curve and ensure that your tax payments are in order for the year.


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