MINT: Four things to keep in mind while filing income tax return this year

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MINT: Four things to keep in mind while filing income tax return this year

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Unclaimed deductions:
This year, you are likely to get a lot of information, including the interest earned, dividend received, capital gains on shares and mutual funds, pre-filled. It is important that you verify these details with the documents you have. Therefore, it will be better to collect documents such as Form 16, Form 26AS and bank statements before you start filing your ITR.

“Assesses are advised to wait till 15 July as all the TDS deducted or TCS (tax collected at source) paid on their behalf may get updated in their Form 26AS by that date. The deadline for filing TDS and TCS returns has been extended till 30 June,”

Tax Connect

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