Filing taxes: Can you Filing taxes twice in one year

By | June 9, 2023

Filing taxes
Filing taxes 

No, it is not permissible filing taxes multiple times within a single financial year for the same income earned during that year. Once you have filed your taxes and reported your income, deductions, and other relevant details, you cannot file another tax return for the same income within that financial year. Filing taxe multiple times for the same income would consider incorrect and could lead to potential penalties or legal consequences. It is important to ensure accuracy and completeness in your initial tax filing to avoid any issues.

For further details access our website: https://vibrantfinserv.com

For more information to visit: https://www.incometax.gov.in

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