26 May 2026, Tue

Income Tax Return: Do you know that filing tax returns today is not just an annual rule to be followed. Now according to the new rules, before filling it, people need to pay attention to whether their main identity and banking details are completely correct and updated or not. So, for this it is very important that your PAN card and Aadhar card are linked.

Know the rules before getting a refund

If you want to get a refund, it is considered very mandatory to first verify the bank accounts. In this matter, experts believe that you can get your refund only after accessing methods like OTP, Net Banking as well as Digital Signature Certificate to complete the return filing process.

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Which documents need to be taken care of

Keep in mind that before filing the return, do not forget to review the statements like Form 16, Annual Information Statement (AIS), Taxpayer Information Summary (TIS) and Form 26AS. On the other hand, big benefits like exemption on house rent, holiday travel, investment under Section 80C, health insurance under Section 80D and home loan interest are also given in it.

Which documents are required according to income?

According to the information, you should keep salary slips, Form 16 and rent receipts safely. Apart from this, people with pension should keep their pension details ready.

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What to do if you have foreign property?

But, if an Indian resident has bank accounts, foreign shares or any property abroad, even if there is no benefit from it, it is still considered very important to disclose the same in ITR. Not only this, along with heavy fines for not giving information about foreign assets, strict investigation can also be initiated by the authorities.

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By Admin

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