Friday, July 15, 2016

Pay your tax and relax

Filing of tax returns is an annual activity which must be fulfilled as a moral and social obligation by every citizen of this nation..Income tax returns of last three years are the basic need for all loan cases like housing, business or personal loan, and is a declaration of your income. Before granting the loan, banks want to know your financial capacity and your income details as shown by you in income tax returns.The High Commissions of various countries want to know if you are financially sound before they issue you a visa and for this purpose they will rely on your ITR. Every assessee should file genuine returns, especially if one intends to go abroad in the future. Use it to show your genuine source of incomes, because immigration officers give due weight to your annual income. Absence of returns of any single year can decrease your chances of foreign visa under visitor, investor or work permits. category.The value of business profiles of various corporate agencies, contractors, professional service providers or individuals is dependent on the yearly income tax returns. one needs to file regular returns every year.Having an ITR is always handy, since one can readily furnish the same as a proof for any kind of financial liability or opening a line of credit.

The income tax return e-Filing has made our life very easy.E-File income tax return from home or office. One can e-file income tax return 24×7.All the personal details and tax paid amount would be already there in the ITR so no need for extra paper work.The income tax return utility will immediately calculate the tax liability. One can tally it with the TDS.Will have online record of income tax return for further verification.The income tax refund is swift through the e-Filing.The process can be done in a few clicks with e-filing platforms like H&R block as it is always an easier option to e-file taxes as it safer, more convenient and quick.

I’m taking the #TaxPledge to file IT returns with the easy Income Tax efiling option from H&R Block at BlogAdda.

No comments:

Post a Comment