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6 things you should know before filing

your Income Tax Return


- by Sujit Bangar, Founder - TaxBuddy

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Choose correct ITR form
Choosing wrong form will lead to an error and will
require you to file again. TaxBuddy customers don't
have to worry about this. They simply select source
of income and we take care of the rest.
You can choose between new
tax regime & old tax regime
Taxpayers will have the option to
choose from the old and new tax
regimes while filing the tax return.
Meet disclosure agreements
While filing ITR, you need to be very careful
about disclosing all required assets and
financial statements such as unlisted equity
shares, foreign assets etc.
Verification of prepaid taxes
with Form 26AS
Any discrepancy in Form 26AS should be
notified to the employer, other payers or banks.
This is essential for seamless processing.
Various disclosure requirements
Following disclosures of various
assets and financial investments
forms an integral part of an ITR.
Change of employment
during the year
If you've switched jobs, a consolidated Form
16 and 12BA can be issued by the current
employer with which an ITR can be filed.
File your taxes with TaxBuddy.com
and reduce tax liability up to 26%.

Our tax experts can answer all your


questions and help you save tax.

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