6 STEPS TO FILE INCOME TAX RETURN BY SELF FOR AY 2024-25
Filing ITR yourself saves money and builds financial knowledge. Read on to know six steps to help you file ITR for AY 2024-25
Written by - Prathyush Gupta Designed by- Prince Kumar
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The due date for ITR (AY 2024-25) is July 31st, 2024. Start prepping early! Photo Credit: Pexels
Gather documents like Form 16, bank statements, investments, rent receipts, etc. Photo Credit: Pexels
Salaried? Check your Form 16 details against pay slips. Get corrections if needed. Photo Credit: Pexels
Reduce your tax bill! Claim deductions under sections like 80C and 80D. Photo Credit: Pexels
Choose the right ITR form based on your income sources and taxpayer category. Photo Credit: Pexels
Verify tax sources! Download Form 26AS and AIS to check TCS/TDS match bank statements. Photo Credit: Pexels
Old vs. New Tax Regime: Choose wisely! Analyze deductions and tax rates for maximum savings. Photo Credit: Pexels
Verify your ITR filing within 30 days to avoid penalties. Use Aadhaar OTP, signed copy, or net banking. Photo Credit: Pexels
Verifying your ITR in 30 days ensures a smooth filing process and avoids last-minute problems.
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