Filing your Income Tax Return (ITR) can be straightforward if you follow these tips:

Gather Necessary Documents:

Form 16: Issued by your employer, summarizing your salary and tax deductions.

Form 26AS: Annual tax statement that includes details of tax deducted at source (TDS).

Bank Statements: To account for interest income.

Investment Proofs: For deductions under various sections (e.g., 80C, 80D).

Home Loan Statement: If applicable.

Rental Income Details: If you have any.

Choose the Correct ITR Form:
Select the appropriate ITR form based on your income sources (e.g., salary, business income, capital gains).

Verify TDS Details:
Ensure that TDS details in Form 26AS match the information in your Form 16 and other certificates.

Claim Deductions and Exemptions:
Claim all eligible deductions (e.g., under sections 80C, 80D, 80E).

Include exemptions such as House Rent Allowance (HRA) and Leave Travel Allowance (LTA).

Report All Income:
Include all sources of income, such as salary, interest, rental income, capital gains, and any other sources.

Report exempt income (e.g., agricultural income) for transparency.

Check Bank Account Details:
Ensure your bank account details are accurate for refunds or payments.

Pre-Validate Bank Account:
Pre-validate your bank account on the income tax e-filing portal for faster refund processing.

File Before the Deadline:
Avoid last-minute filing to prevent mistakes and penalties.
The usual deadline is July 31st for individuals, but check for any extensions.

E-Verify Your ITR:
E-verify your return using methods like Aadhaar OTP, Net Banking, or by sending a signed ITR-V to the CPC, Bangalore.

Keep Records:
Maintain copies of your filed returns, acknowledgment, and supporting documents for future reference.

Use Online Tools:
Utilize the income tax department’s e-filing website or reliable third-party software to simplify the process.

Seek Professional Help:
If your return is complex, feel free to get in touch with us for assistance.