There are different ITR forms for different taxable persons like salaried and self-employed etc. Hence, it is very important to select the right ITR form while e-filing.
Are you also among those who prefer to file their ITR electronically? If yes, then you too need to pay attention to every small and big detail while doing e-filing. Due to changes in taxation policies and schemes, this process can be complicated for some taxpayers. Let us know about those points using which you can file tax without making any mistake.
Choosing the right ITR form: There are different ITR forms for different taxable persons like salaried and self-employed etc. Hence, it is very important to choose the right ITR form while e-filing.
Personal details: Make sure that the personal details entered by you such as PAN number, name and address are correct as failure to do so may result in rejection of e-filing.
Bank account details: Always double-check all the bank details entered by you to be eligible for any refund to be sent to your bank account.
Income reporting: Make sure you declare your income from various sources including capital gains, rent and even gifts.
Exemptions and deductions: Be aware of all deductions and keep all supporting documents handy while filing ITR.
Verifying ITR: After filing ITR, verify it through Electronic Verification (EVC).
