Income Tax Return: Now only a few days are left to file income tax return. If you also do a job, then you should be careful while filing ITR because now the whole system has gone online. Even your small mistake is caught by the software and then you may get Income Tax Notice and may have to pay it. If you also do a job, have not yet filed your income tax return, then let us know from tax expert Sharad Kohli that what things you should take special care of.
Employed people should also be careful
According to CNBC Awaj, Sharad Kohli solved all the problems of job seekers. He told that earlier it was believed that the government keeps a close watch on the returns of the businessmen. But this assumption is not correct. The department has as much eye on the returns of salaried people as it does on the returns of businessmen.
A small mistake will be heavy
Earlier you had to attach documents together. But now it is not so. There can be a mess in the declaration that is made from your side. If you make a rent claim, donation claim, home loan or any other claim, then you must have a proper proof of each claim. The government can investigate any claim. If the declaration turns out to be wrong, then you will have to bear the consequences.
Never forget this
That’s why whatever deduction you are claiming, keep its papers in the file beforehand. So that tomorrow if you are asked any question related to this, then you have solid proof of it. In such a situation, you may also be penalized for tax evasion.
