ITR filing: You will not get income tax refund unless you do this

THE ECONOMIC TIMES Sat, Aug 24, 2019 | 11:57 AM IST ITR filing guide

Pre-validate your bank account to claim income tax refund The income tax department has tweaked the process of claiming the tax refund from this year. How to check ITR-V receipt status You can verify your ITR either electronically, using OTP, EVC, or physically by sending a signed copy of ITR-V to CPC, Bengaluru. Made a mistake while filing ITR? Here's how you can correct it Section 139(5) of the I-T Act states that after filing their return, if someone discovers any omission or wrong statement, he can furnish a revised return. ITR filing: Don't forget to claim TDS credit ​As per income tax rules, you should claim credit for TDS on income that is paid or accrues to you in the same financial year as the TDS is deducted. How to check income tax refund status If you have filed your income tax returns with a refund request, here is a step by step guide for you to track the refund status due to you. TDS related queries answered by income tax department Here are three common TDS-related queries answered by the income tax department. ITR forms with pre-filled investment data soon Pre-filled forms will soon be able to pick salary breakup directly from an individual's Form 16. Penalty you will pay for missing ITR filing deadline and who won't have to pay If you file your return after midnight of Aug 31, then you are liable to pay a late fee of upto Rs 10,000. Getting 'invalid XML' error while uploading ITR? Here's how to fix it You can get an 'invalid XML error' message if you have altered or edited the XML file generated from the ITR utility/form before uploading the same to the portal. Got a tax notice? Here's what you should do Mistakes while filing ITR can fetch you a tax notice. Here's how you can respond to such tax notices.

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