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Income Tax Return: Filing ITR for the first time? Know key points to remember to avoid Rs 5,000 penalty

Filing income tax return (ITR) is a mandatory requirement for all taxpayers in India. If you are filing ITR for the first time, there are a few key points you need to remember to avoid a penalty of Rs 5,000. 1. File your ITR on time The due date for filing ITR for the assessment … Read more