Common mistakes done while filing ITR
Common mistakes done while filing ITR
Young businesswoman sitting at office desk and filling documents while going through paperwork.
1) Mandatory Assets and Liabilities disclosure for 50Lak+ taxable income
2) Foreign Asset Disclosure i.e., ESOP, ESPP and RSU
3) Non disclosure of Capital Gain transactions. Such as DEMAT and Sale of foreign shares
4) All active Bank Accounts have to be disclosed
5) Exempt income such as Gift and Agri income
6) Foreign Tax Credit (Form 67), Foreign Dividend (Reco 1042S) etc
We RCCO.IN has 99+ checkpoints in filing ITR. We aim for perfection and 100% compliance