Login For Lawyers Home Consult a lawyer Flat fee services About Blog Judgements Careers Contact Us Snippet Terms & Conditions Privacy Policy Legal Topics
Documents to be submitted for ITR Filing
Recent Post

Get Legato App on your mobile.

Documents to be submitted for ITR Filing
Documents to be submitted for ITR Filing

Following are some documents to keep handy while filing ITR:-


Form 16:

The most crucial document for filing ITR is Form 16. It is used for a salaried person. The Form 16 is a Tax Deducted at Source (TDS) certificate issued by the employer to provide the details of TDS deducted and salary paid to you. The employer should issue Form 16 as it is mandatory for them if they are deducting TDS from salary.


Form 26 AS:

Form 26 AS is the consolidated annual tax statement. It is the tax passbook which includes information of all taxes deposited against your PAN. It consists of the TDS deducted by banks, employer, or any other organization; advanced taxes deposited, self-assessment taxes, etc.


Proofs of Tax-saving Investments:

All the expenditures and tax-saving investments eligible for deduction under the prescribed sections can help to lower the liability of tax. For instance, Provident Fund, a premium of life insurance, the National Pension Scheme, etc.


Statement of Home Loan from Banks:

If you have availed the service of loan from the bank, do not forget to collect the statement of last financial year. It is crucial information for filing ITR.


Capital Gains:

If you have earned some gains by selling the property, equity shares or mutual funds, then it is essential to mention such details in ITR


Validation of bank account for the refund of ECS:

On March 2019, the Income Tax department has announced that they will issue the e-refunds. These refunds will be credited to those bank accounts which are linked with PAN. Therefore, it is necessary to pre-validate the account with PAN to receive the refund of Income Tax.


Aadhar Card:

The details of Adhar Card are mandatory to fill the ITR form successfully. As per Section 139 AA of the Income Tax Act, an individual is required to provide the Aadhar details while filing the returns.


Collect details of Investment in shares:

If you have invested in shares, then you are required to provide all details of the same filing year. You are required to provide the details of investment along with the name and PAN of the Company.


Collect the details of bank account:

The details required to file ITR are as follows Name of Bank, Account number, type of account and IFSC code. The IFSC code should be correctly mentioned to receive the funds.


Salary Slips:

Salary slips are crucial to fill the ITR Form 2, as stated by the Income Tax department to specify the nature of income such as allowances, basics, etc

All Comments