THINGS TO BE KEEP IN MIND WHILE FILLING ITR:
Most taxpayers include their own ITR. As tax on complicated law, the average taxpayer will inevitably make some mistakes while filling outITR forms. In this article I try to discuss some of the most common mistakes made by individual taxpayers while completing the ITR and can be avoided. (A) Completing the CG schedule of gain · The Capital Gain part is the most complex part of the entire ITR form. · There are various hosting time requirements for different classes of eligible assets as long-term financial assets. Or there are different tax rates for short term and Long term. · There are different categories of long-term and short-term profits. · And included diversity exemptions obtained in respect of the long-term financial gain completing the Capital gain schedule is a complex job for even a very e...
