ITR Filing Mistake: The last date for filing income tax return for assessment year 2023-24 is 31 July 2023. Before this you should file ITR.
It is necessary to give complete details of your income in ITR. If this is not done then your ITR form may get rejected.
Most of the people make some common mistakes while filing ITR. If you are also going to file ITR, then let us know which mistakes you should not make at all.
It is very important to choose the right form while filing ITR. There are a total of seven types of ITR forms, out of which you have to choose one form and fill it.
You should give all the information. From investment in stock market, mutual fund investment, government schemes, salary and other information should be given. Even if it is not tax exemption.
Not disclosing your entire assets can also lead to problems. Information about movable and immovable assets should be given while filling ITR.
Under section 80C, if you have invested in any exemption schemes and do not give information about it in ITR, then you will have to face loss.