Tax Return Filling

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Filing a tax return refers to the process of submitting your income, deductions, and tax-related information to the government so they can determine whether you owe taxes or are eligible for a refund. Here’s a detailed explanation of the steps involved in filing your tax return:

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Common Filing Statuses

Individual: For single taxpayers, whether salaried, self-employed, or having other income sources.
HUF (Hindu Undivided Family): For families pooling income and assets under Hindu law to be taxed as a single unit.
Partnership Firm: For registered or unregistered partnership firms filing income tax on collective earnings.
Company: For private limited, public limited, or other registered companies filing corporate income tax.
AOP/BOI (Association of Persons / Body of Individuals): For groups of individuals earning income jointly.
Trust: For charitable or religious trusts filing returns under specific tax provisions.

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