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There are various types of companies registered in India. It includes one Person Company, a limited company, and section 8 company. As per the Income Tax Act, all these companies need to file their income tax every year. Filing Income Tax return offers numerous benefits to a company. It also helps you comply with income tax laws and avoid penalties.
Any company registered in India must file their ITR. As a company, it helps you comply with all the income tax laws of the country. Furthermore, paying income tax also helps you contribute to your nation.
1) Easy processing of all the bank loans
2) Compensating losses in the following financial year
3) Instant visa processing
4) Refund of TDS
5) Instant processing of credit card application
6) Increase of credibility
Pricing for what you want required service
E-filing can be done from anywhere. With access to internet, you can e-file your ITR in the fastest way
No, there are no disadvantages to filing your returns. It increases your credibility.
E-payment is an online payment of your income tax. At the same time, e-filing is the process of furnishing the return of income electronically.
The companies under all the circumstances will file their ITR electronically under digital signature.
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