00:00ITR-1, which is also commonly known as DAKHILKARNA, provides many benefits to individual creditors in India.
00:07First of all, it ensures compliance with the I-CURR rule of 1961, which can be prevented from criminal and legal consequences.
00:17Claiming more than the TDS on the SRODH is an important benefit, which provides personal relief.
00:25By entering ITR-1, creditors can take their loss to the years of the future, which reduces the debt of the future.
00:33It also makes rail acceptance easier, because the infrastructure is often built on the basis of the I-CURR.
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