The Importance of Filing ITR on Time: Avoid Penalties and Hassles
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Filing your Income Tax Return (ITR) on time is crucial to avoid penalties and unnecessary hassles. Late filing can result in hefty fines and interest charges, which can add up quickly. Additionally, timely filing ensures that you are compliant with tax laws and regulations, which can help you avoid legal issues down the line. By filing your ITR on time, you can save yourself time, money, and stress, and ensure that you are in good standing with the tax authorities.
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