### *By CA Dhwanik Shah & Co.*
### **1. Review Your AIS (Annual Information Statement)**
Ensure all your income sources and high-value transactions are correctly reflected and match with your actual records.
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### **2. Carry Forward Capital Losses (STCG/LTCG)**
Report short-term and long-term capital losses on time to carry them forward for future tax savings.
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### **3. Choose the Right Tax Regime (Old vs. New)**
Compare both regimes carefully — one offers deductions, the other offers lower slab rates. Choose what suits your financial situation.
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### **4. Match with SFT (Specified Financial Transactions)**
Reconcile your ITR data with high-value transactions (like mutual funds, property, credit cards) reported to the tax department.
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### **5. Declare TDS on Rental Income**
If your tenant has deducted TDS on rent, make sure to report both the rental income and claim the TDS credit.
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### **6. Accurately Report Property Transactions**
Declare all real estate purchases/sales and compute capital gains correctly. Don’t forget to claim eligible exemptions.
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### **7. Match Turnover with GST Portal (if GST-registered)**
Ensure consistency between the turnover declared in your ITR and your GSTR-3B/GSTR-1 to avoid discrepancies or notices.