Before you file your income tax return, ensure you carefully check the distribution statements provided by your Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Because these payouts often consist of a mix of interest, dividends, and capital repayments, they are each subject to different tax treatments. To prevent errors or receiving tax notices, make sure you select the appropriate ITR form—typically ITR-2 or ITR-3—and verify that your figures align with the data in your AIS and Form 26AS.
by shortkt.com✓