USEFUL TIPS AT THE TIME OF FILING INCOME TAX RETURNS
1. FILE YOUR RETURNS: There is a misconception in the minds of salaried persons that when employer has deducted tax at the source then what is the need of filing tax return by them. If your income is below the exemption limit, which is generally with everyone at the beginning of the career, filing returns will help in the documentation process if you are taking a loan or an insurance policy or when you are applying for visa.
2. PICK THE CORRECT FORM: Depending upon the various streams of income you have, you have to select the form accordingly.
3. DISCLOSE […] Read more