WE DON'T WANT YOU TO
Many time taking online service can lead to filling up boring forms. Though online services are meant to save your time but when it comes to getting business support online, you just kept on filling long forms.
At ITR Filers we don’t engage you in such time consuming activity rather we provide you services just like you take it offline in few simple steps.
WE WORK IN 4 SIMPLE STEPS
Create a New Account
Share your Views about us:
Create a New Account
8 Benefits of filing ITR on time
for AY 2020-21
1. Easy Loan Approval
Filing the ITR will help individuals, when they have to apply fora vehicle loan (2-wheeler or 4-wheeler), House Loan etc. All major banks can ask for a copy of tax returns
2. Claim Tax Refund
If you have a refund due from the Income Tax Department, you will have to file an Income Tax Return to claim the refund.
3. Income & Address Proof
Income Tax Return can be used as a proof of your Income and Address even for Aadhaar Address Update.
4. Quick Visa Processing
Most embassies & consulates require you to furnish copies of your tax returns for the past couple of years at the time of the visa application.
5. Carry Forward Your Losses
If you file return within due date, you will be able to carry forward losses to subsequent years, which can be used to set off against income of subsequent years. Belated returns will load with you penalty as well as no carry-forward of Losses will be allowed.
6. Avoid Penalty
If you are required to file your Tax returns but didn’t, then the tax officer deserves the right to impose a penalty of up to ₹ 5,000 which may increase upto ₹ 10,000.
7. Buying a High Cover Insurance
As Income Tax returns works as an Income Proof, your eligibility for getting insurance with higher Risk Cover Increases.
8. Helpful for Small Business
Businesses with low earnings must file their Income Tax return on Timely basis so that in case of expansion they can provide ITR as a proof of running business and avail Loans from Banks/NBFC to expand their business.