ITR Filing: If you are going to file income tax return for the first time then it is important to keep some things in mind. Keep these documents ready while filing ITR.
TR Filing: There is important news for crores of taxpayers across the country. The process of filing income tax returns for the financial year 2022-23 and assessment year 2023-24 has been started.
It is mandatory for all taxpayers to file ITR by July 31, 2024. After this, you will have to pay a penalty for filing ITR. Taxpayers need different documents while filing income tax return. In such a situation, if these documents are not available, then many times you may have to face trouble.
It is very important to have Form-16 while filing income tax return. Form-16 is issued by the employer. If you have changed your job this financial year, then it is necessary to get Form-16 from the old company.
Along with Form-16, taxpayers must have an interest certificate. If you have invested in schemes like FD, then it is necessary to give its information to the Income Tax Department.
Along with this, if you invest in schemes like stock market and mutual funds, then it is necessary to give details of the income earned through all these investments. It is necessary to enter the details of capital gains through investments in ITR.
Do not hide any information while filing income tax return. This may cause you big trouble later.
