It is important to understand the documents and details required to file ITR to ensure that the process goes smoothly. The following documents are required for ITR filing in Alwar:
The procedure to follow for filing ITR is-
For Easy Loan Approval
Proof of Income
Filing of ITR avoids fines
Claiming Refund
Required for VISA application
According to Section 234F of the Income Tax Act, if you file your IT return after the due date but before December 31 of the assessment year, then a late penalty of ₹5,000 will be charged. In case you pay after 31st December of this AY, the penalty will be ₹10,000. However, if your income is less than ₹5,00,000, the late fee would not exceed ₹1000.
Copyright © 2024 Goyal Mangal & Company. All Rights Reserved