introduction
Filing taxes can be stressful, and even a small mistake can lead to penalties, delayed refunds, or unwanted notices from the Income Tax Department. At Tax Buddy, we make sure your filing is error-free. Here are the most common mistakes to avoid
1.Missing Income Sources
Many taxpayers forget to include income from savings accounts, fixed deposits, or freelance work. Always report all income to avoid notices.
2.Incorrect Bank Details
A simple typo in account number or IFSC code can delay your refund. Double-check your bank details before submission
3.Not Verifying the ITR
Filing isn’t complete until you verify your Income Tax Return (ITR). Without verification, your return will not be processed
4.Choosing the Wrong ITR Form
Different ITR forms apply to different income sources. Selecting the wrong one may lead to rejection of your filing
5.Forgetting Deductions
Many people miss out on deductions under Sections 80C, 80D, and 24(b). Proper planning ensures maximum savings
✅ How Tax Buddy Helps: Our experts ensure accuracy, claim every eligible deduction, and complete your filing stress-free.
