Overview
Accurately calculate your taxable income by considering all eligible deductions and exemptions. Deductions can include expenses such as medical bills, home loan interest, education loan interest, and contributions to specified investment schemes. These deductions help reduce your taxable income, ultimately lowering the amount of tax you owe.
File Your Tax Return:
Once you have determined your taxable income and filled in the appropriate tax form, you can file your tax return. The preferred method of filing personal taxes in Chennai is through online mode using the Income Tax Department’s e-filing portal. Ensure that you provide accurate information and cross-check all the details before submitting your return.
Pay Any Tax Due:
If you have a tax liability after deducting TDS Tax filings in chennai (Tax Deducted at Source) and advance tax, make sure to pay the balance amount before the due date to avoid penalties and interest charges. Online payment options, such as net