Income Tax Return (ITR)- Do’s and Don’ts

As the time for Income Tax Returns for AY 2022-23 is coming near. Everyone should keep in mind the following:

Do’s

  1. Choose the correct ITR Form for filing.
  2. Check the auto generated 26AS/AIS.
  3. Verify the ITR using EVC/DSC/Aadhaar OTP.
  4. Mention mandatory details in Income Tax Return
  5. Ensure ITR filing before Deadline ie. 31st July, 22 for non audit cases.
  6. Review the draft tax computation carefully before filing.

Don’ts

  1. Get confused between AY and FY while filing IT
  2. Make a mistake in TAN, Bank Account, Email address
  3. Forget to Claim available Deductions Hurry while filing ITR
  4. Forget to collect & check Form 16/26AS/AIS.

File timely return and keep your documents safe even after the filing

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