What Are The Benefits Of E-filing Your Returns By 31st July?

31st of July every year is the last date for e-filing your return without penalty. However, you can e-file your return with some penalties till 31st March of the following year. While there are options to file the income tax returns after the stipulated date, there are several concessions that an individual assessee will get.

Taking the first deadline of July 31 has its benefits. Tax experts, therefore, say one should start filing returns on time to avoid hassles later.

Here are five benefits of filing your taxes by this date:

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