Things to remember as you rush to file your return ahead of December 31

To avoid any last-minute errors, one must remember to use the correct ITR form, collate all relevant income and expense documents for quick referral

If you have not filed your income-tax return (ITR) yet, you must get on with the task at once. Due to Covid-19, the deadline for filing returns for the financial year 2020-21 has been pushed back several times, and now stands at December 31.

Nikhil Varma, managing partner, Miglani Varma & Co. (Advocates, Solicitors and Consultants), says, “The new portal for filing ITRs that was introduced in June this year makes filing ITR simpler as it comes with several features that assist the taxpayer.” 

Don’t procrastinate further

Over 400,000 ITRs are filed each day. This number will only rise as the final deadline