New Delhi, May 5 -- The preparations for the filing of Income Tax Returns (ITR) for Assessment year 2025-26 are under way now. To manage the same efficiently, individual taxpayers are collecting the relevant documents such as interest certificates, dividend statements, salary slips, business income documents etc., of the recently concluded financial year.

Hence, in such a situation if one has to ensure timely and accurate filing of income tax returns, then several crucial points must be kept in mind. Firstly, it is important to avoid common mistakes and errors with your income tax filing documents, this is significant to prevent economic penalties, unwanted notices and delays along with unnecessary scrutiny for the tax computation depart...