Explanation for presents obtained: An ITR can be an Formal proof of history to the money earned because of the filed individual in that individual calendar year. If suppose you are a pupil and have gained a hard cash gift from the grandmother of Rs two,00,000 as part of your graduation ceremony, the
Claim the rebate: The rebate u/s 87A might be automatically calculated through the income tax Office based on the main points offered in the tax return. in the event you fulfill the eligibility standards, the rebate amount of money will be deducted from your tax liability.
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Furthermore, When you've got entry to your historic information, You may use it as evidence to assist your situation, In the event the subject persists.
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