READY RECKONER

The taxpayer needs to report all his bank accounts held by him in India

Is required to report details of investments in unlisted equity shares and the number of shares acquired and sold during the year

Needs to provide information if he/she is a director in a company, along with details of whether, or not, shares of the company are listed on a recognised stock exchange Schedule assets and liabilities if net taxable income (after deductions) exceeds ~50 lakh in a fiscal year

Ordinarily, resident individuals are obligated to furnish details of their assets held outside India (both as owner and as beneficiary)

Verify pre-filled information to avoid incorrect data and make necessary changes to income not reported in the tax return