How to prepare your records before filing an income-tax return
A reliable return begins before a form is selected. Build a complete view of the year, reconcile official information and keep an evidence trail.
Read the blog ↗Income Tax Insights
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6 blogs
Financial year, assessment year and Tax Year: choose the right period
Start with the relevant income period and transaction dates. The applicable provisions and rates depend on the relevant period and, for some transactions, the date of the specific event or transfer. The date on which a return is filed does not, by itself, move the underlying income into a different period.
Read the blog ↗Tax payable or refund: read the reconciliation, not only the headline
A refund is an excess-payment position after the tax computation. It is different from a deduction, exemption or reduction in liability.
Read the blog ↗Capital-gains records: dates, asset type and annual totals
A broker profit figure is a starting point. Tax treatment depends on the asset, holding period, transaction conditions, dates and gains or losses across the year.
Read the blog ↗Compare tax regimes using the same facts
A useful comparison changes the tax rules while keeping the underlying income and evidence consistent.
Read the blog ↗TDS deducted: how to organise a credit reconciliation
Keep the income calculation and the tax-credit reconciliation separate, then connect them before filing.
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