Don't Forget To Include These Incomes In Your Income Tax Return

CA Rahul Mittal | Last updated: 26 March 2022

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When filing your income tax return, it's crucial to declare all sources of income, not just your salary. This includes interest earned from bank deposits and savings accounts, rental income from properties, and any capital gains from selling shares or assets. Even gifts exceeding £50,000 and dividend income must be reported to ensure accuracy and avoid potential penalties.

Are you filing Income Tax Return? If yes, this article is for you. The due date for filing of Income Tax Return is extended to 31st December 2021 from 30th September 2021 for the Financial Year 2020-21 i.e. A.Y. 2021-22. In this article, we will discuss the incomes that are part of taxable inc

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About the Author

CA Rahul Mittal

Rahul Mittal is a Founder of R A M M Co LLP, Chartered Accountants. He is a graduate and a fellow member of the Institute of Chartered Accountants of India with 9+years of standing in the profession. He has completed the Diploma in Information System Audit (DISA) from ICAI. He has also completed the certification cour ... Read more

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