List of documents needed to file Income Tax returns

List of documents needed to file Income Tax returns

July 31, 2019 is the last date to file Income tax returns for FY 2018-19. All salaried individuals can file their returns using form ITR-1 and ITR-2. These forms are now available on the e-filing portal of the Income tax department.Notably, the I-T department will issue only e-refunds, this time.

Here is a list of documents you will need while filing your ITR.


Form 16 :-

Form 16 is the TDS certificate issued by your employer. It is issued to certify details of tax deducted and deposited. It has two sections: Part A and Part B.

While Part A contains details like name, address, PAN/TAN information, summary of tax deducted/deposited, Part B comprises employee’s salary break up, other income sources, relief under Section 89, deductions claimed, among other details.

Form 16A/16B/16C :-

When TDS is deducted on incomes other than salary such as interest income on fixed and recurring deposits, your bank will issue Form-16A, specifying details of such deduction.

Also, in case of sale of property, the buyer will have to issue you Form-16B for TDS deducted on the amount paid to you.

Similarly, for TDS deducted on rental income, Form-16C is issued.

Form 26AS :-

Form 26AS is a consolidated statement comprising details of all financial transactions of a person during an assessment year.

These details include the income earned from various sources and the amount of deductions made from a number of avenues, like TDS deducted by your employer, tax collected by collectors, advance tax paid, self-assessment tax payments, and other such details….Read more>>