{"id":512,"date":"2025-09-11T17:14:36","date_gmt":"2025-09-11T11:44:36","guid":{"rendered":"https:\/\/raveladvisors.com\/services\/?p=512"},"modified":"2025-09-11T17:15:32","modified_gmt":"2025-09-11T11:45:32","slug":"why-should-i-file-income-tax-return","status":"publish","type":"post","link":"https:\/\/raveladvisors.com\/services\/blog\/why-should-i-file-income-tax-return\/","title":{"rendered":"Why You Must File an Income Tax Return \u2014 Even If You Don\u2019t Owe Tax"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#introduction-the-common-question-about-filing-itr\">Introduction: The Common Question About Filing ITR<\/a><\/li><li><a href=\"#what-is-an-income-tax-return-itr\">What Is an Income Tax Return (ITR)?<\/a><ul><li><a href=\"#definition-and-purpose\">Definition and Purpose<\/a><\/li><li><a href=\"#who-needs-to-file-an-itr\">Who Needs to File an ITR?<\/a><\/li><\/ul><\/li><li><a href=\"#why-should-i-file-income-tax-return\">Why Should I File Income Tax Return?<\/a><ul><li><a href=\"#legal-obligation-under-income-tax-law\">Legal Obligation Under Income Tax Law<\/a><\/li><li><a href=\"#avoiding-penalties-and-notices\">Avoiding Penalties and Notices<\/a><\/li><li><a href=\"#carry-forward-of-losses\">Carry Forward of Losses<\/a><\/li><li><a href=\"#easy-loan-credit-card-approvals\">Easy Loan &amp; Credit Card Approvals<\/a><\/li><li><a href=\"#visa-applications-and-international-travel\">Visa Applications and International Travel<\/a><\/li><li><a href=\"#proof-of-income-for-financial-security\">Proof of Income for Financial Security<\/a><\/li><\/ul><\/li><li><a href=\"#filing-itr-even-without-tax-liability\">Filing ITR Even Without Tax Liability<\/a><ul><li><a href=\"#income-below-taxable-limit\">Income Below Taxable Limit<\/a><\/li><li><a href=\"#students-housewives-and-freelancers\">Students, Housewives, and Freelancers<\/a><\/li><li><a href=\"#senior-citizens-and-pensioners\">Senior Citizens and Pensioners<\/a><\/li><\/ul><\/li><li><a href=\"#key-benefits-of-filing-income-tax-return\">Key Benefits of Filing Income Tax Return<\/a><ul><li><a href=\"#claiming-tax-refunds\">Claiming Tax Refunds<\/a><\/li><li><a href=\"#establishing-financial-credibility\">Establishing Financial Credibility<\/a><\/li><li><a href=\"#avoiding-legal-troubles\">Avoiding Legal Troubles<\/a><\/li><\/ul><\/li><li><a href=\"#common-myths-about-filing-itr\">Common Myths About Filing ITR<\/a><ul><li><a href=\"#i-dont-earn-much-so-i-dont-need-to\">\u201cI Don\u2019t Earn Much, So I Don\u2019t Need To\u201d<\/a><\/li><li><a href=\"#filing-is-too-complicated\">\u201cFiling Is Too Complicated\u201d<\/a><\/li><li><a href=\"#only-salaried-people-file-returns\">\u201cOnly Salaried People File Returns\u201d<\/a><\/li><\/ul><\/li><li><a href=\"#step-by-step-guide-how-to-file-an-income-tax-return-online\">Step-by-Step Guide: How to File an Income Tax Return Online<\/a><ul><li><a href=\"#registering-on-the-income-tax-portal\">Registering on the Income Tax Portal<\/a><\/li><li><a href=\"#choosing-the-correct-itr-form\">Choosing the Correct ITR Form<\/a><\/li><li><a href=\"#uploading-income-details\">Uploading Income Details<\/a><\/li><li><a href=\"#e-verification-and-completion\">E-Verification and Completion<\/a><\/li><\/ul><\/li><li><a href=\"#mistakes-to-avoid-while-filing-itr\">Mistakes to Avoid While Filing ITR<\/a><ul><li><a href=\"#providing-incorrect-bank-details\">Providing Incorrect Bank Details<\/a><\/li><li><a href=\"#not-reporting-all-income-sources\">Not Reporting All Income Sources<\/a><\/li><li><a href=\"#missing-the-deadline\">Missing the Deadline<\/a><\/li><\/ul><\/li><li><a href=\"#consequences-of-not-filing-an-income-tax-return\">Consequences of Not Filing an Income Tax Return<\/a><ul><li><a href=\"#penalties-and-late-fees\">Penalties and Late Fees<\/a><\/li><li><a href=\"#legal-action-and-prosecution\">Legal Action and Prosecution<\/a><\/li><li><a href=\"#difficulty-in-future-financial-planning\">Difficulty in Future Financial Planning<\/a><\/li><\/ul><\/li><li><a href=\"#government-initiatives-for-simplified-itr-filing\">Government Initiatives for Simplified ITR Filing<\/a><ul><li><a href=\"#pre-filled-itr-forms\">Pre-Filled ITR Forms<\/a><\/li><li><a href=\"#e-filing-assistance-and-help-centers\">E-Filing Assistance and Help Centers<\/a><\/li><\/ul><\/li><li><a href=\"#expert-tips-for-hassle-free-filing\">Expert Tips for Hassle-Free Filing<\/a><ul><li><a href=\"#keep-all-documents-ready\">Keep All Documents Ready<\/a><\/li><li><a href=\"#use-a-chartered-accountant-if-needed\">Use a Chartered Accountant If Needed<\/a><\/li><li><a href=\"#file-early-to-avoid-rush\">File Early to Avoid Rush<\/a><\/li><\/ul><\/li><li><a href=\"#fa-qs-on-filing-income-tax-return\">FAQs on Filing Income Tax Return<\/a><\/li><li><a href=\"#conclusion-filing-itr-as-a-step-toward-financial-discipline\">Conclusion: Filing ITR as a Step Toward Financial Discipline<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"introduction-the-common-question-about-filing-itr\"><strong>Introduction: The Common Question About Filing ITR<\/strong><\/h2>\n\n\n\n<p>Every year when tax season arrives, millions of people ask the same question: <em>\u201cWhy should I file Income Tax Return if I don\u2019t have any tax to pay?\u201d<\/em> This doubt is common, especially among young earners, retirees, students, or those whose incomes fall below the taxable threshold. Many assume filing ITR is only for salaried individuals with high incomes.<\/p>\n\n\n\n<p>However, this belief is far from the truth. Filing an ITR is not only a legal duty for eligible taxpayers but also a smart financial habit that can bring multiple benefits. From easy loan approvals to proof of income for visas, there are countless reasons why filing your return matters.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-opt-id=356444890  fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1420\" src=\"https:\/\/mlypi4vg6bf7.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/raveladvisors.com\/services\/wp-content\/uploads\/2025\/09\/Why-You-Must-File-an-Income-Tax-Return-—-Even-If-You-Dont-Owe-Tax-1.png\" alt=\"Why You Must File an Income Tax Return \u2014 Even If You Don\u2019t Owe Tax\" class=\"wp-image-514\" title=\"\" srcset=\"https:\/\/mlypi4vg6bf7.i.optimole.com\/w:778\/h:1080\/q:mauto\/f:best\/https:\/\/raveladvisors.com\/services\/wp-content\/uploads\/2025\/09\/Why-You-Must-File-an-Income-Tax-Return-\u2014-Even-If-You-Dont-Owe-Tax-1.png 1024w, https:\/\/mlypi4vg6bf7.i.optimole.com\/w:216\/h:300\/q:mauto\/f:best\/https:\/\/raveladvisors.com\/services\/wp-content\/uploads\/2025\/09\/Why-You-Must-File-an-Income-Tax-Return-\u2014-Even-If-You-Dont-Owe-Tax-1.png 216w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-is-an-income-tax-return-itr\"><strong>What Is an Income Tax Return (ITR)?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"definition-and-purpose\"><strong>Definition and Purpose<\/strong><\/h3>\n\n\n\n<p>An Income Tax Return (ITR) is a formal document that records your income, tax deductions, and tax payments in a financial year. It is submitted to the government\u2019s tax authority to ensure transparency and compliance. Even if your tax liability is zero, filing ITR helps establish your financial history.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"who-needs-to-file-an-itr\"><strong>Who Needs to File an ITR?<\/strong><\/h3>\n\n\n\n<p>Typically, individuals whose income exceeds the exemption limit must file returns. But beyond that, even people with smaller incomes may benefit from voluntary filing. This is because ITR acts as an official financial statement recognized by banks, government bodies, and foreign institutions.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"why-should-i-file-income-tax-return\"><strong>Why Should I File Income Tax Return?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"legal-obligation-under-income-tax-law\"><strong>Legal Obligation Under Income Tax Law<\/strong><\/h3>\n\n\n\n<p>If your income crosses the minimum threshold set by tax authorities, you are legally required to file an ITR. Non-compliance can result in penalties or even prosecution. Filing keeps you on the right side of the law and prevents unnecessary trouble.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"avoiding-penalties-and-notices\"><strong>Avoiding Penalties and Notices<\/strong><\/h3>\n\n\n\n<p>Failing to file on time can attract penalties, late fees, and notices from the tax department. Even if you owe nothing, filing ensures you remain free from legal complications. It\u2019s always better to stay compliant than to face government scrutiny later.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"carry-forward-of-losses\"><strong>Carry Forward of Losses<\/strong><\/h3>\n\n\n\n<p>Investors and business owners often face financial losses. Filing ITR allows you to carry forward these losses to future years and adjust them against future gains. Without filing, you lose this valuable opportunity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"easy-loan-credit-card-approvals\"><strong>Easy Loan &amp; Credit Card Approvals<\/strong><\/h3>\n\n\n\n<p>Banks, NBFCs, and even fintech companies ask for ITR copies while processing loans or issuing credit cards. Your ITR serves as proof of income and repayment capacity, increasing your chances of quick approval.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"visa-applications-and-international-travel\"><strong>Visa Applications and International Travel<\/strong><\/h3>\n\n\n\n<p>Planning to study abroad or travel overseas? Embassies often ask for ITR copies during visa applications. Filing shows you are financially stable and responsible, which increases your chances of approval.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"proof-of-income-for-financial-security\"><strong>Proof of Income for Financial Security<\/strong><\/h3>\n\n\n\n<p>Your ITR is a legitimate proof of income. It can be used while applying for government subsidies, claiming insurance benefits, or settling disputes. Unlike salary slips, it is a government-recognized document that carries more weight.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"filing-itr-even-without-tax-liability\"><strong>Filing ITR Even Without Tax Liability<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"income-below-taxable-limit\"><strong>Income Below Taxable Limit<\/strong><\/h3>\n\n\n\n<p>Even if your income doesn\u2019t cross the exemption limit, filing can still be useful. Many people receive refunds for TDS deducted on bank interest or other payments. Without filing, you cannot claim this money back.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"students-housewives-and-freelancers\"><strong>Students, Housewives, and Freelancers<\/strong><\/h3>\n\n\n\n<p>Students who do internships, housewives who earn from side businesses, and freelancers often underestimate the power of filing ITR. Even if the income is small, building a financial history today can make credit applications easier in the future.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"senior-citizens-and-pensioners\"><strong>Senior Citizens and Pensioners<\/strong><\/h3>\n\n\n\n<p>Senior citizens sometimes believe they don\u2019t need to file if their pension income is below limits. But filing ensures they can claim deductions on medical expenses, interest, and other exemptions reserved for them.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"key-benefits-of-filing-income-tax-return\"><strong>Key Benefits of Filing Income Tax Return<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"claiming-tax-refunds\"><strong>Claiming Tax Refunds<\/strong><\/h3>\n\n\n\n<p>Have you ever noticed that banks deduct tax on your fixed deposit interest? That money can only be reclaimed through ITR filing. Thousands of taxpayers each year get refunds because they filed their return, even though they had no tax liability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"establishing-financial-credibility\"><strong>Establishing Financial Credibility<\/strong><\/h3>\n\n\n\n<p>Lenders, insurers, and even government bodies use your ITR to evaluate your financial standing. Filing consistently creates a reliable financial track record, proving that you are a responsible citizen.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"avoiding-legal-troubles\"><strong>Avoiding Legal Troubles<\/strong><\/h3>\n\n\n\n<p>Not filing your return when required may invite notices or penalties. Even if you are below the limit, voluntarily filing reduces your risk and strengthens your credibility with authorities.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"common-myths-about-filing-itr\"><strong>Common Myths About Filing ITR<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"i-dont-earn-much-so-i-dont-need-to\"><strong>\u201cI Don\u2019t Earn Much, So I Don\u2019t Need To\u201d<\/strong><\/h3>\n\n\n\n<p>This is one of the biggest myths. Even if you don\u2019t earn much, you might still be eligible for refunds or exemptions. Filing ensures you don\u2019t miss out on money that belongs to you.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"filing-is-too-complicated\"><strong>\u201cFiling Is Too Complicated\u201d<\/strong><\/h3>\n\n\n\n<p>With today\u2019s user-friendly online portals and mobile apps, filing has become simpler than ever. Most forms are pre-filled, and even beginners can file within minutes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"only-salaried-people-file-returns\"><strong>\u201cOnly Salaried People File Returns\u201d<\/strong><\/h3>\n\n\n\n<p>Another misconception is that only employees of big companies need to file. Freelancers, business owners, and even homemakers with small investments may also benefit from filing.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"step-by-step-guide-how-to-file-an-income-tax-return-online\"><strong>Step-by-Step Guide: How to File an Income Tax Return Online<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"registering-on-the-income-tax-portal\"><strong>Registering on the Income Tax Portal<\/strong><\/h3>\n\n\n\n<p>The first step is registering on the official portal using your PAN, Aadhaar, and bank account details. Registration is quick and mandatory before you can proceed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"choosing-the-correct-itr-form\"><strong>Choosing the Correct ITR Form<\/strong><\/h3>\n\n\n\n<p>There are different ITR forms depending on whether you are salaried, self-employed, or a business owner. Selecting the correct form ensures your return isn\u2019t rejected later.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"uploading-income-details\"><strong>Uploading Income Details<\/strong><\/h3>\n\n\n\n<p>Once logged in, you must enter your income sources, deductions, and tax payments. Be honest and accurate, as the system cross-checks information with banks and employers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"e-verification-and-completion\"><strong>E-Verification and Completion<\/strong><\/h3>\n\n\n\n<p>After submitting, verify your return using Aadhaar OTP, net banking, or a digital signature. Without verification, your ITR will remain incomplete.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"mistakes-to-avoid-while-filing-itr\"><strong>Mistakes to Avoid While Filing ITR<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"providing-incorrect-bank-details\"><strong>Providing Incorrect Bank Details<\/strong><\/h3>\n\n\n\n<p>Many refunds are delayed simply because taxpayers entered the wrong account number or IFSC code. Always double-check before submitting.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"not-reporting-all-income-sources\"><strong>Not Reporting All Income Sources<\/strong><\/h3>\n\n\n\n<p>Side income from freelance work, rental property, or savings account interest must also be declared. Hiding income can cause future legal problems.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"missing-the-deadline\"><strong>Missing the Deadline<\/strong><\/h3>\n\n\n\n<p>Late filing attracts penalties, and in some cases, you may even lose the ability to carry forward losses. Always file before the due date to stay safe.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"consequences-of-not-filing-an-income-tax-return\"><strong>Consequences of Not Filing an Income Tax Return<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"penalties-and-late-fees\"><strong>Penalties and Late Fees<\/strong><\/h3>\n\n\n\n<p>Depending on your jurisdiction, you could be fined between \u20b91,000 and \u20b95,000 for missing deadlines. This is an unnecessary expense that can be avoided by timely filing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"legal-action-and-prosecution\"><strong>Legal Action and Prosecution<\/strong><\/h3>\n\n\n\n<p>For serious cases of willful default, authorities can launch legal proceedings. This can damage your reputation and financial future.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"difficulty-in-future-financial-planning\"><strong>Difficulty in Future Financial Planning<\/strong><\/h3>\n\n\n\n<p>Without ITR records, applying for a home loan, starting a business, or even proving your income becomes challenging. It may also create roadblocks in international travel.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"government-initiatives-for-simplified-itr-filing\"><strong>Government Initiatives for Simplified ITR Filing<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"pre-filled-itr-forms\"><strong>Pre-Filled ITR Forms<\/strong><\/h3>\n\n\n\n<p>The government has simplified filing by providing pre-filled forms with salary, TDS, and interest details. This reduces errors and saves time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"e-filing-assistance-and-help-centers\"><strong>E-Filing Assistance and Help Centers<\/strong><\/h3>\n\n\n\n<p>Dedicated help centers, mobile apps, and official guidance notes are now available. This ensures even first-time taxpayers can file with ease.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"expert-tips-for-hassle-free-filing\"><strong>Expert Tips for Hassle-Free Filing<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"keep-all-documents-ready\"><strong>Keep All Documents Ready<\/strong><\/h3>\n\n\n\n<p>Before filing, collect PAN, Aadhaar, salary slips, Form 16, investment proofs, and bank statements. Being organized saves time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"use-a-chartered-accountant-if-needed\"><strong>Use a Chartered Accountant If Needed<\/strong><\/h3>\n\n\n\n<p>If your income is complex or includes multiple sources, hiring a professional ensures accuracy. This is especially helpful for business owners.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"file-early-to-avoid-rush\"><strong>File Early to Avoid Rush<\/strong><\/h3>\n\n\n\n<p>Most taxpayers wait until the last week, leading to server issues. Filing early avoids stress and ensures error-free submission.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fa-qs-on-filing-income-tax-return\"><strong>FAQs on Filing Income Tax Return<\/strong><\/h2>\n\n\n\n<p><strong>Q1: Why should I file Income Tax Return if I don\u2019t have taxable income?<\/strong><br>Even if you don\u2019t owe taxes, filing helps you claim refunds, build a financial history, and access loans easily.<\/p>\n\n\n\n<p><strong>Q2: What happens if I don\u2019t file ITR?<\/strong><br>You may face penalties, lose the ability to carry forward losses, and face problems in getting loans or visas.<\/p>\n\n\n\n<p><strong>Q3: Can students or housewives file ITR?<\/strong><br>Yes, they can. Filing helps them create a credit history and claim refunds on small earnings or investments.<\/p>\n\n\n\n<p><strong>Q4: Is filing ITR mandatory every year?<\/strong><br>Yes, if your income exceeds the threshold. Even if not, voluntary filing offers many benefits.<\/p>\n\n\n\n<p><strong>Q5: Can I file ITR online without a CA?<\/strong><br>Absolutely. The government portal is user-friendly, and most details are pre-filled for convenience.<\/p>\n\n\n\n<p><strong>Q6: Does ITR help in getting a visa?<\/strong><br>Yes. Embassies often request ITR copies to verify income stability before approving travel or study visas.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion-filing-itr-as-a-step-toward-financial-discipline\"><strong>Conclusion: Filing ITR as a Step Toward Financial Discipline<\/strong><\/h2>\n\n\n\n<p>Filing an Income Tax Return is more than just a tax obligation\u2014it is a tool for financial discipline and future security. Whether you owe tax or not, filing provides proof of income, builds credibility, and opens opportunities for refunds and financial growth.<\/p>\n\n\n\n<p>So, the next time you wonder <em>\u201cWhy should I file Income Tax Return?\u201d<\/em>, remember: it\u2019s not just about paying taxes\u2014it\u2019s about creating a foundation for your financial future.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction: The Common Question About Filing ITR Every year when tax season arrives, millions of people ask the same question: \u201cWhy should I file Income Tax Return if I don\u2019t have any tax to pay?\u201d This doubt is common, especially&#8230;<\/p>\n","protected":false},"author":2,"featured_media":514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[41,42],"class_list":["post-512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-tax","tag-income-tax","tag-income-tax-return"],"acf":[],"_links":{"self":[{"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/posts\/512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/comments?post=512"}],"version-history":[{"count":0,"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/posts\/512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/media\/514"}],"wp:attachment":[{"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/media?parent=512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/categories?post=512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/raveladvisors.com\/services\/wp-json\/wp\/v2\/tags?post=512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}