Income from multiple sources? How to file ITR right and avoid notices
Published in Fortune India | September 2025
"Since the Income Tax Department (ITD) already captures a lot of data in AIS/TIS and Form 26AS, it is important to report all income streams, reconcile figures with AIS/TIS and bank statements, claim deductions carefully, and address discrepancies promptly before filing. Ensuring all income streams are properly reconciled with the documents is the simplest way to stay compliant and avoid notices," says Avnish Arora, Executive Director, Direct Tax, Forvis Mazars in India.