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Simplified Guide to Filing Income Tax Returns for Proprietors in India

Simplified Guide to Filing Income Tax Returns for Proprietors in India

Introduction

Income Tax Return (ITR) filing is vital for business owners, especially those operating as sole proprietors or in a proprietorship firm. Let’s explore the basics of ITR for proprietors and ITR for proprietorship firms, and underscore the importance of compliance, with a specific focus on GST in India.

Understanding the Basics

Income Tax Return for Proprietorship:

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