INCOME TAX RETURN

When filing an Income Tax Return (ITR) in India, you will need various documents to provide accurate information about your income, deductions, and investments. Here is a list of common documents required for filing an income tax return in India:

1. Personal Information:PAN (Permanent Account Number) card

Aadhaar card (linked with PAN)

Bank account details (for refund purposes)

1. Form 16:If you are a salaried individual, you will receive Form 16 from your employer. It provides details of your salary, allowances, deductions, and TDS (Tax Deducted at Source).
2. Salary Slips:Monthly or yearly salary slips showing the breakup of your salary components.
3. Other Sources of Income:Details of income from sources other than salary (e.g., rental income, business income, interest income, capital gains).
4. Bank Statements:Bank statements for all your bank accounts, including savings and fixed deposit accounts.
5. Form 26AS:This form can be downloaded from the Income Tax Department’s website and provides a summary of taxes paid and TDS details.
6. Investment Documents:Proof of investments made under various sections such as 80C, 80D, etc. (e.g., LIC premium receipts, mutual fund statements, PPF passbook).
7. Home Loan Documents:If you have a home loan, provide details of the loan, interest certificate, and principal repayment.
8. Property Details:Details of owned properties, including address, co-owners, and share in the property.
9. Details of Other Deductions:Documents supporting other deductions claimed, such as medical bills, donations, and professional tax.
10. HRA (House Rent Allowance) Details:Rent receipts and details of the landlord if you are claiming HRA.
11. Tax-saving FD and Post Office Investment Certificates:If you have invested in tax-saving fixed deposits or post office schemes, provide the relevant documents.
12. GST Returns (for Business Owners):If you are a business owner, provide details of GST returns filed during the financial year.
13. Details of Foreign Income and Assets (if applicable):If you have foreign income or assets, provide details and relevant documents.
14. Form 15G/15H (if applicable):If your income is below the taxable limit and you want to avoid TDS, you may need to submit Form 15G or 15H, as applicable.
15. Form 10E (if applicable):If you are claiming relief under section 89 for arrears or advance salary, Form 10E needs to be filled and submitted.
16. Educational Loan Interest Certificate (if applicable):If you have an education loan, provide the interest certificate.