The last date to file Income Tax Return is 31st July 2018, but you must file your Income Tax return beforehand as there are quite a lot of benefits of filing your Income Tax Return early, here are some of them.
The Benefits of filing Income Tax Return early are as follows: –
- Avoid hassle of late filing.
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There are times when you are required to file your Income Tax Return before the due date, just to avoid the last-minute hassle. Towards the end of the Income Tax season the filing of ITR becomes tougher, in order to file your returns without hassle try to file your ITR as soon as you can, if you do so you will have ample amount of time in your hand to file revised returns in case of any error or change in your original ITR.
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- Fast E-verification and refund.
If you file your Income Tax Return on time, you will have to e-verify your ITR as soon as possible. E-verifying your ITR is essential as without verifying it your Income Tax Return will not be considered valid. In case you verify your return early, you will receive your refund early too.
- Avoid last-minute surge.
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If there are too many visitors on the website, then there are chances that the Income Tax Department’s official e-filing portal may break-down. To avoid this last-minute chaos we recommend to file your Income Tax Return as soon as possible.