It’s better to prepare your all documents that you will need while filing the form 16 in advance. These are: bank statements, TDS certificates, Investment Statements, Rent Receipts and so on.
You have to double check on your personal details such as PAN, Aadhaar, etc. Any wrong or error can be rectified before filing the return.
If you don’t want to face trouble later, you have to select the appropriate ITR form beforehand based on your income.
You have to file information carefully by re-verifying your income sources including salary, interest, capital gains, and other earnings.
You have to lookout for all eligible deductions and exemptions given under the tax laws by the government
In case if you don’t know, the losses can help save taxes in future years. Hence, it’s better to claim all the losses incurred during the financial year.
If you don’t want to face any trouble in future, you have to provide proper information.
Once you file your income tax return, you need to do e-verification. It should be completed within 30 days of filing of your income tax return.
If you can’t do e-verification, you can submit the ITR-V form which needs to be signed and sent via registered post to the Income Tax Office, Bengaluru within 30 days of filing your income tax return.