Taking care of tax matters is a laborious undertaking. After all, there are several income categories, deductions, exemptions, due dates, and repercussions that must be followed. Any prudent person would refuse to follow an expert's counsel if the price was too low. With the help of a CA, 100% correctness and no penalties or minimal penalties are guaranteed. However, we would recommend that. The Income Tax Act of 1961 governs income tax laws in INDIA. You may decide to file your own tax return if you feel that you have adequate and relevant understanding of the tax laws. However, if you are lacking in such knowledge, don't be afraid to ask for assistance. It's best to be watched when taking our first step, and this rule also applies to paying taxes! You may choose the self-filing option if you have past experience dealing with the similar type of transaction and are aware of the necessary disclosures, ITR forms to choose, and information to provide.
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