
⚠️ Filing ITR too early can create problems Most salaried people think “Earlier filing = faster refund” But sometimes, filing too early can actually trigger mismatches. 📌 What many people don’t know: Your tax data is updated in stages after March 31 • Employers file TDS returns by May 31 • Banks report FD interest by May 31 • Brokers report capital gains data • Form 26AS and AIS take time to fully update That’s why Form 16 usually comes around mid-June. 📌 What happens if you file too early: • TDS mismatch • FD interest mismatch • Capital gains mismatch • Refund delays • Possible tax notices Even when you did nothing wrong. 📌 Safer timing for salaried taxpayers: • Wait till Form 16 is available • Check AIS and Form 26AS properly • Match all income before filing For most salaried individuals, July’s first or second week is usually safer. 📌 Important deadlines for FY 2025-26: • ITR-1 / ITR-2 → 31 July 2026 • Business income (non-audit) → 31 August 2026 • Audit cases → 31 October 2026 Filing fast is not important. Filing correctly is.
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