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TAX RETURN COMMON MISTAKES
TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do itTaxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...- Life Advice of the Day by Aesop: 'Better be wise by the...' Learnings on intelligence, mistakes, observation, research, decision-making, trial and errorLife Advice of the Day by Aesop highlights the value of learning from the mistakes, failures, and experiences of other people. The advice e...
- Psychology says people who button their shirts wrong are not careless but their brain is looking for a shortcut due to a hidden overloadOne key principle in psychology is that isolated mistakes should not be given too much meaning. Buttoning a shirt incorrectly does not auto...
- Mercury Retrograde 2026: Taurus Guide to Avoiding Misunderstandings and MiscommunicationMercury Retrograde in Cancer from late June to late July 2026 will impact Taurus's communication, learning, and daily interactions. Expect ...
- ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...
- Income tax scrutiny: Who could receive a tax notice by June 30 and what to do if you've made a mistake
- ITR filing 2026: Avoid these 5 mistakes that may trigger extra tax and interest for salaried employees
- Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
- Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
- Quote of the Day by the famous 'Atomic Habits' author James Clear: 'The first mistake is never the one that ruins you. It is...'-Here's a powerful quote on mistakes and the habit loop that can quietly change your life foreverJames Clear emphasizes that repeated mistakes, not single errors, lead to negative life changes. He explains that missing a goal once is an...
- How to keep indoor plants healthy in summers: Easy and smart tips to protect plants from heat damageJune's heat and humidity demand careful indoor plant care. Adjust watering by checking soil moisture, manage sunlight with indirect light, ...
- Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
- Quote of the Day: 'So. Monday. We Meet Again. We Will Never Be Friends — But Maybe We Can Move Past Our Mutual Enmity Toward a More-Positive Partnership' helps us beat Monday blues with positive vibeQuote of the Day expresses the feelings many people have toward Monday blues. After a relaxing weekend, Monday often brings work, responsib...
- Monday motivation quote of the day by Sundar Pichai: “Wear your failure as a badge of...”Sundar Pichai's quote, "Wear your failure as a badge of honor," encourages embracing setbacks as learning opportunities. In today's competi...
- French proverb of the day: ‘There is no worse blind man than the one who doesn’t want to see’ - a lesson on accepting the truthA French proverb highlights that the greatest obstacle to understanding is not a lack of information, but a deliberate refusal to accept re...
- What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
- Burmese proverb of the day: ‘A dog's crooked tail straightened with a bamboo rod’ - a lesson on solving problems wiselyA Burmese proverb, 'A dog's crooked tail straightened with a bamboo rod,' offers a timeless lesson. It suggests that quick fixes only creat...
- ET Alpha Wealth Summit Fireside | Never sell because you're bored': PPFAS CIO Rajeev Thakkar's 6-point guide on when to exit an investmentRajeev Thakkar, CIO at PPFAS Asset Management, highlighted selling skills at the ET Alpha Wealth Summit. He stated that investors often sel...
- Is a traditional Indian thali unhealthy? Celebrity nutritionist shares 5 common mistakes people makeNutritionist Luke Coutinho highlights common errors in preparing and consuming Indian thalis. Many people overemphasize carbohydrates like ...
- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
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