IT Return: If you are going to file income tax return for the first time this time, then avoid making some mistakes. With this you may get a notice from the Income Tax Department.
Avoid making these mistakes while filing income tax returns, otherwise you may get an income tax notice.
ITR Filing: The process of filing income tax returns for the financial year 2023-24 and assessment year 2024-25 has started. If you are filing ITR for the first time then avoid making these mistakes otherwise you may get income tax notice.
Avoid giving wrong personal information while filing ITR. Fill your name, PAN details, bank account details etc. correctly. While filing ITR, it is necessary to submit the correct ITR filing form. You may be fined for choosing the wrong form.
You may be fined for not providing information about salary, interest income, rate income, capital gains etc. while filing ITR.
If you do not check TDS credit properly, you may get an income tax notice. File ITR only after carefully checking the details of TDS from Form 16/16A issued by the employer.
You may be fined for not filing ITR on time. Do not wait for the last date and file ITR on time.
You may get a notice from the Income Tax Department even if you show less income. In such a situation, do not make this mistake even by mistake.
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