ITR Filing, Aug. 24 -- As the deadline to file income tax returns nears, taxpayers must remain cautious to avoid inaccuracies, which may cause delays or even penalties.

From selecting the applicable tax regime to verifying the necessary documents, here are some precautions listed by the Income Tax Department on its ITR-1 (Sahaj) platform for taxpayers to avoid errors -

Although the Income Tax portal by default follows the new tax regime, taxpayers have the option to opt for old tax regime as well. Taxpayers can choose either of the regimes according to their preference.

Download AIS and Form 26AS to verify the actual TDS, TCS, or tax paid. If you find any discrepancies, reconcile them with your employer, tax deductor, or bank.

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