Filing Income Tax Returns (ITR) requires precision. One common mistake is choosing the incorrect ITR form, which can invalidate your return. Many taxpayers also fail to report interest income from savings accounts or FDs, believing it's not taxable or already taxed.
Another frequent error is omitting income from previous employers if you switched jobs during the year. Avoiding these mistakes by double-checking Form 26AS and AIS (Annual Information Statement) ensures a smooth filing experience without notices from the tax department.
