The Dos and Don’ts for filing Income-Tax Return - PowerPoint PPT Presentation
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The Dos and Don’ts for filing Income-Tax Return
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In this Finance Buddha PPT, know The Dos and Don’ts for filing Income-Tax Return as the last date for filing income tax returns is almost here. For More info about these documents Do you want to apply for same day loans – PowerPoint PPT presentation
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Title: The Dos and Don’ts for filing Income-Tax Return
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https//financebuddha.com/blog/the-dos-and-donts-f
or-filing-income-tax-return/
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There is a lack of financial knowledge as well as
tax awareness among many. So, before you start
filing your tax returns, it is necessary that you
are aware of the essential dos and donts of tax
filing so that they can avoid last-minute errors.
Here are some of the dos and donts which will
help you file your tax returns yourself.
https//financebuddha.com/blog/the-dos-and-donts-f
or-filing-income-tax-return/
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Dos
- Keep Your Documents Organized
- Know which tax slab you fall under
- Choose the Correct ITR Form
- Dont hide your income
- The calculation is a Must
https//financebuddha.com/blog/the-dos-and-donts-f
or-filing-income-tax-return/
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- As per the New Income Tax Slab
- Up to ?2.5 lakh Nil
- ? 2,50,001 to ? 5,00,000 5
- ? 5,00,001 to ? 7,50,001 10
- ? 7,50,001 to ? 10,00,000 15
- ? 10,00,001 to ? 12,50,000 20
- ? 12,50,001 to ? 15,00,000 25
- Above ?15,00,000 30
https//financebuddha.com/blog/the-dos-and-donts-f
or-filing-income-tax-return/
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Donts
- Incorrect Information
- Claiming Deduction on your Investments
- Forget to Calculate the Tax Liability
- Try Not to Delay
https//financebuddha.com/blog/the-dos-and-donts-f
or-filing-income-tax-return/
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Thank You!
https//financebuddha.com/blog/the-dos-and-donts-f
or-filing-income-tax-return/
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