🚨 𝗖𝗼𝗺𝗺𝗼𝗻 𝗠𝗶𝘀𝘁𝗮𝗸𝗲𝘀 𝘁𝗼 𝗔𝘃𝗼𝗶𝗱 𝗪𝗵𝗶𝗹𝗲 𝗙𝗶𝗹𝗶𝗻𝗴 𝗬𝗼𝘂𝗿 𝗜𝗧𝗥 𝗳𝗼𝗿 𝗔𝗬 𝟮𝟬𝟮𝟱-𝟮𝟲 🚨

🚨 𝗖𝗼𝗺𝗺𝗼𝗻 𝗠𝗶𝘀𝘁𝗮𝗸𝗲𝘀 𝘁𝗼 𝗔𝘃𝗼𝗶𝗱 𝗪𝗵𝗶𝗹𝗲 𝗙𝗶𝗹𝗶𝗻𝗴 𝗬𝗼𝘂𝗿 𝗜𝗧𝗥 𝗳𝗼𝗿 𝗔𝗬 𝟮𝟬𝟮𝟱-𝟮𝟲 🚨


Filing your Income Tax Return (ITR) can feel daunting, but avoiding a few common pitfalls will help you stay compliant, minimize scrutiny, and even maximize your refund. Here’s your quick guide to steer clear of these errors and file with confidence! 👇


◼️ 𝘔𝘪𝘴𝘮𝘢𝘵𝘤𝘩𝘦𝘥 𝘐𝘯𝘤𝘰𝘮𝘦 & 𝘍𝘰𝘳𝘮 𝘚𝘦𝘭𝘦𝘤𝘵𝘪𝘰𝘯

Many taxpayers pick the wrong ITR form or under-declare income.


Tip: Review your sources—salary, house property, capital gains, business/professional income—and choose the correct ITR (e.g., ITR-1 for salaried, ITR-3 for professionals).


◼️ 𝘐𝘨𝘯𝘰𝘳𝘪𝘯𝘨 𝘍𝘰𝘳𝘮 26𝘈𝘚 & 𝘈𝘐𝘚/𝘈𝘛𝘕𝘴

Overlooking your Form 26AS or Annual Information Statement can lead to under-reporting TDS/TCS or interest income.


Tip: Reconcile all tax credits and verify that the income you report matches these statements.


◼️ 𝘔𝘪𝘴𝘴𝘪𝘯𝘨 𝘋𝘦𝘥𝘶𝘤𝘵𝘪𝘰𝘯𝘴 & 𝘌𝘹𝘦𝘮𝘱𝘵𝘪𝘰𝘯𝘴

Failing to claim eligible deductions under Sections 80C, 80D, 80E, etc., erodes your savings.


Tip: Keep proof of LIC premiums, PPF/ELSS investments, medical insurance, education loan interest, and home loan interest handy.


◼️ 𝘐𝘯𝘤𝘰𝘳𝘳𝘦𝘤𝘵 𝘛𝘋𝘚/𝘛𝘊𝘚 𝘊𝘭𝘢𝘪𝘮

Claiming TDS/TCS that hasn’t been deposited by the deductor can trigger notices.


Tip: Ensure the deductor has timely deposited the tax—cross-check Form 26AS before claiming.


◼️ 𝘊𝘢𝘭𝘤𝘶𝘭𝘢𝘵𝘪𝘰𝘯 𝘌𝘳𝘳𝘰𝘳𝘴 & 𝘙𝘰𝘶𝘯𝘥𝘪𝘯𝘨 𝘖𝘧𝘧

Small math mistakes or improper rounding can lead to mismatches and processing delays.


Tip: Use the built-in auto-calculate feature on the e-filing portal or reliable tax software.


◼️ Forgotten Advance Tax & Self-Assessment Tax

Underestimating your tax liability leads to interest under Section 234B/234C.


Tip: Track your quarterly Advance Tax payments—top up any shortfall before the March 15 deadline.


◼️ 𝘚𝘬𝘪𝘱𝘱𝘪𝘯𝘨 𝘉𝘢𝘯𝘬 𝘈𝘤𝘤𝘰𝘶𝘯𝘵 & 𝘈𝘢𝘥𝘩𝘢𝘢𝘳 𝘝𝘢𝘭𝘪𝘥𝘢𝘵𝘪𝘰𝘯

Not linking or validating your bank account or Aadhaar can stall your refund.


Tip: Complete e-verification via Aadhaar OTP, net-banking, or by sending a signed ITR-V to CPC within 120 days.


◼️ 𝘓𝘢𝘵𝘦 𝘍𝘪𝘭𝘪𝘯𝘨 & 𝘗𝘦𝘯𝘢𝘭𝘵𝘪𝘦𝘴

Filing after the due date (Sept 15) invites late fees of up to ₹10,000 and loss of certain deductions.


Tip: File on time—even a provisional return—to avoid penalties; revise it later if needed.


✅ Your Filing Checklist:

  • Choose the correct ITR form


  • Reconcile Form 26AS/AIS


  • Claim all eligible deductions


  • Verify TDS/TCS credits


  • Pay any outstanding Advance/Self-Assessment Tax


  • Validate Aadhaar & bank details


  • E-verify your return promptly


Stay diligent, and filing your ITR will be smooth sailing! 🌟


🔍 What’s your biggest ITR filing challenge? Share your experiences or questions below! 👇


#IncomeTax #ITR #TaxFiling #AY202526 #TaxTips #Finance #TaxCompliance #PersonalFinance #TaxSeason

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