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Finance Forum India

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Benefits of E filing of Income Tax Returns in India

  Electronic filing of tax returns has become compulsory for all corporate assessees and for all individual assessees earning more than Rs. 5 lakhs in a year. Today, a significant proportion of the tax assessees in India have come under the ambit of electronic filing of tax returns. Electronic filing is a win-win situation for tax payers as well as the government. With smartphones, Internet, and technology becoming a part of our daily lives, the incorporation of technology in an important transaction like filing of tax returns can offer numerous benefits to all the parties involved in the transaction.   Benefits...
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