Documents needed to file Income Tax Return: The last date for filing ITR (Income Tax Return) for assessment year 2020-21 has been extended till 31 December 2020 and for those whose accounts have not been audited, it will be 31 January 2021 is. A lot of documents are required while filing income tax return. It may not be necessary to submit them, but it is necessary to keep them while filing ITR. Let us know such important documents, which are necessary to file ITR.
PAN card
Permanent account number or PAN card is issued by the Income Tax Department. In this, your basic details like your name, father’s name, date of birth and PAN number. PAN card is mandatory to file income tax return.
Aadhar Card
Aadhaar card is a unique identification document issued by the Government of India. In this document, your name, date of birth, home address and a 12 number number are called Aadhaar numbers. Aadhar card details are required to file ITR.
Don’t wait till December 31 to file your ITR. Here’s why
Form 16
Form 16, also known as TDS certificate, is a document made available to the employee by the employer. It includes all the details related to the employee’s salary breakup and the TDS deducted therein. This is an important document for employees who get salary while filing income tax return. Form 16 also contains the TAN and PAN number of the employer.
Form 26AS
Form 26AS is an auto-generated annual tax statement. It contains details of tax deducted on income for your PAN of the respective financial year. You https: // www. One can download the form from incometaxindiaefiling.gov.in/home.
Salary slip
A salary slip is a document on which taxpayers can get their basic salary, TDS amount, deduction, dearness allowance, rental allowance, travel allowance etc. which are important for filing income tax return.
Interest certificate from bank and post office
Tax on interest from any savings bank account, post office savings account, fixed deposit or recurring deposit is taxed. Therefore, you should take an interest certificate from the bank or post office, so that you know the total amount of interest you have earned, if the salary of TDS has become daunting.
Tax saving proof
To claim deduction for expenses or investment, proof such as receipt, certificate or account statement has to be kept. Also keep documents related to sale of investments and mutual funds, shares and other securities.
Home loan documents
In the case of a home loan, keep an interest certificate issued by a financing bank or company.
(Note: Every person may need separate documents depending on the source of his income.)
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