ITR Filing Tips: If you do not pay attention to some things while filing an income tax return. Then you may have to face trouble. Let us tell you what things are important to keep in mind.
ITR Filing Tips: Like every year, information has been given about the last date for filing income tax return i.e. ITR for this year also. Income tax returns will be filed by 31st July in the year 2025. If you also file income tax return. So you need to take some precautions while filling ITR. Because if you make a slight mistake.
So your form can be rejected. Not only this, due to this you may also have to bear a penalty. So at the same time you can be given a notice by the Income Tax Department. Let us tell you what things you need to keep in mind while filing income tax return i.e. ITR.
Do not wait for the deadline
This year the last date for filing ITR is 31st July. Many people start filing income tax returns only when the deadline is near. And in this process they make mistakes. After this they have to file the return again. So sometimes a penalty is also imposed due to this. Therefore, file income tax returns carefully and with ease in time. Do not wait for the deadline at all.
Avoid choosing the wrong form
Let us tell you that the biggest mistake people usually make while filing income tax returns is selecting the wrong ITR form. The Income Tax Department issues 7 different categories of forms according to different tax payers. If you do not fill the correct form according to your category. Then your return will be considered invalid. And you will have to file ITR again.
Do not forget to verify
After filing income tax return, you have to verify it. But many people forget to verify it. But those who file return without verification, their return becomes invalid. That means it is very important to verify it after filing the return. You can verify your income tax return through OTP or through net banking.
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