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What are the steps involved in filing ITR?
Filing ITR yourself isn’t as difficult as it seems. It is an extremely easy step-by-step process and if you follow each step carefully, you can definitely file your ITR yourself without any errors.
To know more about the steps to file your ITR, read https://www.fintoo.in/blog/itr-filing-online-process-step-by-step/
What if I forget to file ITR?
As ITR filing is compulsory for everyone earning more than Rs. 2.5 Lakhs per annum, if you earn more than Rs. 2.5 Lakhs per annum, you are liable to file your ITR. And here are the consequences if you forget to file your ITR, https://www.fintoo.in/blog/what-happens-if-you-forget-to-file-your-income-tax-return/
Which ITR form do I need to fill?
As our Income Tax system has allocated a different ITR form for every different kind of income, you need to select the ITR form that applies to your nature of income. Here’s how you can find the right ITR form for yourself, https://www.fintoo.in/blog/what-happens-if-you-forget-to-file-your-income-tax-return/
Which are the most common mistakes that people make while filing ITR?
Whenever you are filing your ITR, make sure that you do not repeat these common mistakes; https://www.fintoo.in/blog/common-mistake-people-do-while-filing-their-income-tax-return/
Which documents do I need to claim Income Tax exemptions?
All the receipts and payment confirmations of the investments or recognised expenses that you have made in an entire financial year can be used to claim tax exemptions. Get a complete list of documents required to claim Income Tax exemptions along with the things you need to keep in mind before using them at – https://www.fintoo.in/blog/things-to-know-before-you-submit-investment-proofs-for-tax-saving/