ITR filing FY 2024-25: Income tax payers take note! These 7...

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ITR filing FY 2024-25: Income tax payers take note! These 7 mistakes in income tax return filing this year can cost you big

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To avoid Income Tax Department notices, taxpayers should file error-free returns, especially with the extended deadline to September 15 due to Budget 2024's ITR form modifications. Common mistakes include incorrect form selection, AIS/Form 26AS verification failures, incomplete income declaration, and overlooking changes from Budget 2024. Accurate HRA claims and proper handling of income from previous employers are also crucial.

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