Indian Money Reviews, Indian Money Bangalore - Benefits of Filing Income Taxes Early
India needs IndianMoney.com . Because it's unrealistic to expect genuine and unbiased free consultation from an agent or seller of financial products. . Because there is a need to get access to experts who would highlight the fine print that needs to be read before signing on the dotted lines. . Because speaking to an expert can save hours/days spent on web search. The last date to file ITR is July 31 st . You have less than a month to file taxes and avoid penalties. If you miss the deadline and file ITR between August 1 st 2018 and December 31 st 2018, you will have to pay a penalty of Rs 5,000. What if you miss even this deadline? Well, if you file ITR between January 1 st 2019 and March 31 st 2019, you will have to pay a penalty of Rs 10,000. If your total income doesn’t exceed Rs 5 Lakhs, then the fee/penalty must not exceed Rs 1,000. But, let’s not talk about taxes. Let’s talk about the benefits of filing income tax r...