Last minute checklist for filing income tax return - News Summed Up

Last minute checklist for filing income tax return


With only four days left for the deadline for filing income tax returns to expire. Here's a checklist to help you file your ITR successfully.The most important thing to start with ITR filing is getting the required documents together. Once you have correctly determined the total amount of tax you, you need to subtract TDS from this total and then pay the balance. Your return won't be considered 'Valid' until it is verified by you. It is also advisable to develop this habit as starting next year there will be late filing fee, maximum up to Rs 10,000 if return is filed after the notified deadline.Also Read: 4 important reasons to file ITR before July 31


Source: Economic Times July 27, 2017 08:27 UTC



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