Speaking on the common mistakes that an earning individual commits while filing ITR, Harsh Jain - Co-founder & COO, Groww said, "First and foremost thing that an earning individual should keep in mind is to file ITR on time. Apart from that, selection of ITR form, not disclosing the source of income, mismatch in Form 26AS and other TDS certificates etc., are some common mistakes that people commit." He listed out the following top 5 mistakes that people commit while filing their ITR, Jain listed out the following.
Selecting the wrong ITR Form
Not Disclosing All Sources Of Income
Mismatch in Form 26AS Details and Other TDS certificates
Not Claiming deductions correctly
Not filing ITR on Time