Income tax return (ITR) filing: Why checking Form 26AS is necessary
A taxpayer should ensure that the income tax return or ITR is in sync with Form 26AS, say experts
August 31 is the last date for filing income tax return (ITR) for assessment year 2018-19 or financial year 2017-18. Form 26AS is an essential document salaried individuals should check before filing their ITR. “Form 26AS is important piece of document for filing of ITR. Taxpayer must ensure that the entries appearing in his Form 26AS must belong to him and any mismatch in data must be corrected before filing of ITR in order to avoid any kind of notice from the Income Tax Department," says Rahul Singh, assistant manager at Taxmann.com.