Top 10 Mistakes to Avoid While Filing Your ITR Online

Avoid the most common mistakes taxpayers make while filing ITR online in India. Improve accuracy, prevent notices, and file stress-free with expert CA-backed tips.

INTRODUCTION Filing your Income Tax Return (ITR) online is routine for millions of taxpayers — but small mistakes can trigger notices, delay refunds, or even lead to penalties. Here are the top 10 mistakes and how to avoid them: 1. Choosing the Wrong ITR Form Why it happens, impact, and the correct fix. 2. Not Reconciling Form 26AS / AIS / TIS Mismatch leads to automated refund reversals or notices. 3. Forgetting Small Income Savings interest, dividends, platform earnings, gifts. 4. Incorrect TDS/TAN/PAN Details Claim rejection if your details don’t match Form 26AS. 5. Not E-Verifying the ITR Your return is invalid until verified. 6. Claiming Incorrect Deductions Unsupported deductions lead to penalty and denial. 7. Not Reporting Capital Gains Properly Wrong LTCG/STCG reporting. 8. Overlooking Foreign Income or Assets NRIs and residents must disclose foreign holdings. 9. Filing After the Due Date Leads to penalties and loss of loss-carryforward benefits. 10. Not Preparing for Post-Filing Notices Ignoring notices leads to escalation. Quick Checklist • Verify Form 26AS & AIS • Collect Form 16, bank statements, proofs • Choose correct ITR form • Claim only supported deductions • File and e-verify in time Use WonderTax for CA-assisted, error-free filing.