ITR Filing 2025 : These 10 problems may arise while filing ITR, keep these things in mind

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ITR Filing 2025 : These 10 problems may arise while filing ITR, keep these things in mind
ITR Filing 2025 : These 10 problems may arise while filing ITR, keep these things in mind

ITR Filing 2025: If you are also going to file ITR, then you have to take special care of some things. Sometimes people may face many problems while filing returns. Let us know how to deal with these problems

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ITR Filing 2025: The deadline for filing income tax returns for the financial year 2024-25 is 15 September 2025. As this deadline is approaching, experts are advising taxpayers to be careful while filing ITR (ITR Filing 2025). In fact, sometimes it gets rejected due to a slight mistake. In such a situation, you may have to face a penalty. Apart from this, you can also get a notice from the Income Tax Department. Therefore, it should be filled very carefully. Sometimes many types of problems start coming while filing tax. It is very important to deal with these problems.

1 – Select the right form

It is very important to select the right form while filing the return. There are forms from ITR 1 to ITR 7 from the Income Tax Department. Choose the right ITR form based on your income sources and your type of income. Filling the wrong form can cause problems and fines may be imposed.

2 – Review Form 26AS and AIS

Before filing the return, you should review your Form 26AS and AIS (Annual Information Statement). These documents show which transactions have taken place in your name and how much tax has already been deducted. If the information you have given in the form does not match with these documents, then it can immediately come to the notice of the tax department. Therefore, it is important that the information you have filled while filing the return matches with these.

3 – Fill in the basic details correctly

Nowadays, income tax authorities contact taxpayers through email address, mobile number. In such a situation, not only verify your communication address but also fill in the email address and contact number. Taxpayers are advised to update these information on their profile page on the income tax portal as well. Apart from this, if you want to claim a refund, then the bank details should be given correctly. Like account number, IFSC code, etc., must be given correctly so that you can get the refund on time and without any hassle.

4 – Disclose all sources of income
If your income is from anywhere other than the primary source, then it must be disclosed. Taxpayers must disclose all sources of income such as interest from savings account, FD deposit interest, income from house rent. Not reporting income sources can also lead to tax evasion penalty.

5 – Verify ITR
After filing ITR online, it is necessary to verify it electronically (through Aadhaar OTP, net banking etc.) or by sending a physical copy with your signature to the Income Tax Department within the stipulated time. If verification is not done, the ITR filing becomes invalid. So do not miss to verify your ITR.

6 – Information about assets and liabilities
If an individual’s income is more than Rs 50 lakh, then it is necessary to mention the information of all his assets and liabilities by the last day of the financial year. In this, information has to be given not only about immovable property but also about movable assets like bank balance, loans and advances, cash in hand, shares and securities.

7 – Show exempt income as well

According to tax provisions, tax liability is not created on exempt income (tax deductible income). However, despite this, this income should be shown in the tax return. Proper documentation is necessary for this type of income because if this amount exceeds, then the tax authority can also do scrutiny.

8 – Prepare first to avoid last minute rush
The ITR form for FY 2024-25 is available. In such a situation, you can start preparing to file returns from now on. People often make mistakes in a hurry near the deadline. Because of this, they either have to file the return again or face the notice of the Income Tax Department.

9 – Calculation of taxable income
Many types of income are tax-free. Deductions or exemptions are available on these. In the case of such income, accurate calculation of taxable income is like a challenge. For example, you may have income in the form of interest on fixed deposits, house rent income, interest on savings account, long term capital gain or short term capital gain etc. In such a situation, it becomes difficult for the taxpayer to calculate the actual taxable income. If you keep these things in mind, the calculation will be done.

10 – Do not remember the password
In many cases, it also happens that taxpayers forget their e-filing account password as it is required once a year. In such a case, you have to recover the password. You can recover it through Aadhaar number or registered mobile number. Keep in mind that your mobile should be active at the time of password recovery.

 

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