1. Getting loan for your dream home in Future.
2. Getting Car loan , some Emi's etc
3. Visa is possible only through Income tax return.
(In emergency time , agents will Charge triple rate)
4. For Obtaining Government Tenders ITR is must
5. Quick registration for immovable properties in some cities of India can be done if you have filed ITR
6. If you want to claim refund then you must file income tax return!
7. For carry forwarding your losses
(Business , Capital losses)
8. Non filing of return has penalty of 5,000 rupees under section 271F ( As per rules you are required to file and you ignore then be ready for penalty)
9. It is a way of declaring white money
10. Threat of getting notices in near future can be decreased.
No comments:
Post a Comment