ITR Filing Deadline: Do not make these 4 mistakes at all, or your ITR form can be rejected and you will have to do hard work again
Income Tax Season: There are only a few days left for the last date of filing Income Tax Return (ITR Deadline July 31, 2024). With a few days go do, many people are filing ITR return in a hurry and are also making a lot of mistakes in thm. As a results, the Income Tax Department (I-T Department) is also rejecting such forms.
ITR Filing Deadline, ITR Filing Last Date: Only a few days are left for the last date of filing Income Tax Return, July 31, 2024 (ITR Deadline July 31, 2024). In such a situation, many people are filing income tax returns in a hurry and making mistakes in their filings. Due to these mistakes, the Income Tax Department (I-T) is also rejecting the forms, forcing taxpayers to file it again. In such a situation, you may have to face many problems. Know about 5 such mistakes, due to which your ITR form can be rejected.
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Giving wrong information in ITR form
One should never give any wrong information in their income tax form (ITR form). One should not claim any deduction which one is not entitled to. In such a situation, before submitting the form, double-check it. Due to any mistake, your form can be rejected, so be careful.
Difference in data of Form 16 and AIS
There are many ways of keeping a close watch on every transaction of all the taxpayers by the Income Tax Department (I-T Department). In such a situation, while filing ITR, check the data of Form-16 and AIS thoroughly. If there is any mismatch between the two after filing ITR, you may face problems.
Making a mistake in tax calculation
Many times people make mistakes in tax calculation. Remember, any kind of mistake in calculation means that you will definitely face problems. Due to wrong calculation, your tax liability will become wrong, and due to that, you may have to face problems later.
Not verifying ITR form
Remember that along with filing the tax return (ITR filing), you will also have to e-verify it. It is mandatory to e-verify ITR within 30 days after filing it. The ITR filing process is considered complete only after verification, or else, it can be declared invalid. Taxpayers can e-verify their ITR through EVC, i.e., electronic verification code option. You have the option of offline ITR verification process along with online.