No tax = no return? Lets understand

Practical benefits of filing your return - even at 0 tax: For loans: Banks ask for the last 2-3 years of ITR, even if you paid zero tax. It's their main proof of stable income. For visas: ITR is one of the most trusted documents to show financial credibility. For refunds: If TDS was deducted (like on FD interest), you only get it back by filing. For carrying forward losses: Want to set off a capital loss against future gains? You need to file, even at zero tax. Zero tax doesn't mean zero reason to file. #return #tax #returnfiling #itr #financetips #ca #charteredaccountant #returnfiling For more information contact us: , CA Inter Direc Tax: