Every year, lakhs of new tax payers file their first income tax returns thanks to India's tax reforms and renewed focus on digitization to lower barriers to greater tax compliance. It's critical to comprehend which tax records / documents must be saved for future use.
First-time tax filers in India are in 10's of Lakhs. The tax department expects proof of even for minor discrepancies.
Discover what tax records, data to keep safe after submitting Income Tax Return (ITR).
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