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Nil ITR: Why should you file ITR even if you don't fall into income tax bracket? It serves some important purposesthe receipt of Income Tax Return sent to your registered address serves as proof of address. Thus, ITR also acts as an address proof. Filing a Nil ITR isn't mandatory but has numerous benefits.
Regardless of the reduced tax liability resulting in no tax payment due to these rebates, it remains obligatory to file an income tax return (ITR). What is a NIL return? A Nil ITR refers to an ...
Opportunities to capitalize on NIL can bring student athletes more income, but more income brings more taxes. When you travel to another state, you need to file a non-resident tax return for ...
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