Dear Readers
Income Tax Return commonly know as ITR is a document which is used by financial organizations. In India mainly to type of taxes (Direct and Indirect) are collected by Govt. of India as well as State / UT governments. Income Tax is a direct tax which is collected by Government of India. A separate department is established which is responsible for collection of Income Tax, called Income Tax Department, controlled by Ministry of Finance.
When a person filed his income tax online / offline a copy of income tax receipt is provided with a unique filing number is called Income Tax Return.
Benefits to Advocate form ITR
Income Tax Return commonly know as ITR is a document which is used by financial organizations. In India mainly to type of taxes (Direct and Indirect) are collected by Govt. of India as well as State / UT governments. Income Tax is a direct tax which is collected by Government of India. A separate department is established which is responsible for collection of Income Tax, called Income Tax Department, controlled by Ministry of Finance.
When a person filed his income tax online / offline a copy of income tax receipt is provided with a unique filing number is called Income Tax Return.
Prerequisite of Income Tax Return
- PAN (Permanent Account Number)
- AADHAAR / UID (Unique Identification Number) for Individual only
- Bank Accounts Statement
- Valid Mobile & Email
- Work Details
- LIC Premium, NPS, NSC other Deposits etc. (if available)
Benefits to Advocate form ITR
- Shows your status / Income in case of Claim
