Archive · 1 Aug 2025
Avoid These Tax Mistakes: Key Tips for Accurate ITR Filing
When filing your taxes, it's important to avoid a few common mistakes.
First, pick the tax plan that saves you the most money.
Second, remember to report any money you made from buying and selling stocks or funds.
Third, make sure to electronically confirm your tax return.
Fourth, don't forget to claim tax breaks if you reinvest your profits.
Finally, some experts suggest giving more time to file, to help taxpayers.
Taxpayers should choose the right tax regime for lower taxes.
Report capital gains from trading in securities.
E-verify the income tax return to validate it.
Claim exemptions on capital gains reinvested.
Experts suggest a possible extension to the ITR filing deadline.
- Who
- Taxpayers filing ITR.
- What
- Common mistakes to avoid when filing Income Tax Returns.
- When
- As of September 15 deadline, with utilities released recently.
- Where
- India
- Why
- To ensure correct tax computation, avoid penalties, and make use of exemptions.
Income Tax Department
Taxpayers
ITR Filing Deadline
Income Tax Department
The filing deadline is set.
Taxpayers
A later deadline is better given the requirements of the old tax regime.
- ITR Filing Deadline
- September 15 (FY2024-25)
- ITR-2 Enablement
- July 17
- ITR-3 Utility Release
- July 30
- E-Verification
- Mandatory for ITR validity