Gather the following documents to make your filing process smooth and accurate.
Filing returns with multiple income sources requires precision and expertise. Missing deductions or improper property treatment can attract audit notices. EZTax ensures every rupee of legitimate deduction is captured and your filing stands scrutiny.
Can I file with multiple Form 16s from different employers?
Yes, absolutely. You can receive multiple Form 16s from different employers during the same financial year, and all must be reported in your ITR. Our service specifically handles this complexity.
What deductions can I claim on house property income?
You can deduct municipal taxes, property maintenance, insurance, and interest on home loans (up to ₹2 lakh). We ensure all eligible deductions are captured in your return.
How is interest income taxed?
Interest from savings accounts, fixed deposits, and bonds is taxed as "Income from Other Sources" at your slab rate. Banks issue TDS certificates if TDS was deducted. We reconcile all sources with bank statements.
What if I have a co-owned property?
Co-owned properties require the rental income to be split among owners based on ownership percentage. Each owner files their proportionate income in their ITR. We handle this calculation precisely.
What is e-Verification and do I need to do it?
e-Verification is submitting Form ITR-V electronically instead of by post. It's often mandatory and we guide you through the process. Digital signature or OTP can be used for verification.
Can I get a refund if I paid too much tax?
Yes. If your deductions and credits result in excess tax paid, you'll receive a refund. The refund is credited to the bank account details you provide in the return within 4-6 weeks.