Five benefits of filling Income Tax Return - Do you Know?

Five benefits of Income Tax Return

Here are the five unique benefits of filling Income Tax Return. It is necessary to file ITR if your salary is above 2.5 lakhs,

and it is very much beneficial to file ITR even your salary is less than 2.5 lakh a year, 

1. With the help of ITR you can easily get loan and credit cards easily from banks. Income Tax return is a yearly process to submit the statement of your income and expenditure towards saving.

2. You can claim their TDS cut by the company in which they are employed. It means that any futher taxes you can claim here.

3. Income tax return copy can be produced as a verification documents to any government department.

4. It can be used as Address proof. You can submit anywhere in the form of Address proof.

Important dates :

ITR (2018-19) filing started on 1^st April and last date is 31^st July 2019