Required Documents to do your ITR Income Tax eFiling - Know More Here
Here is the list of documents you must collect and things you must do before filing your ITR for FY 2018-19. Do keep in mind that for salaried people, usually file their return using either ITR-1 or ITR-2 which is now available on the e-filing website. The government has notified the income tax return (ITR) forms for FY 2018-19. So you can now start collecting the documents need to file your ITR for the financial year 2018-19. Although you have till July 31 to file your return, keeping the required documents handy in advance will make the process easier. required-documents-for-itr-income-tax-efiling-know-here
1. Form-16
If you are a salaried person, this is one of the most important documents for you to file your ITR. Abhishek Soni, CEO, tax2win.in, a tax-filing company, says "Form-16 is a TDS certificate issued to you by your employer to provide details of the salary paid to you and TDS deducted on it, if any. It is mandatory for your employer to issue Form-16 if your employer has deducted TDS from your salary. If no TDS is deducted from your salary, then you can request your employer for Salary Certificate ..
Read More: Download Your Salary Certificate Here ( TS Employees )
2.Form 26AS
Form 26AS is your consolidated annual tax statement. This is like your tax passbook which has information of all the taxes that have been deposited against your PAN. These include:
a) TDS deducted by your employer;
b) TDS deducted by banks;
c) TDS deducted by any other organisations from payments made to you;
d) Advance taxes deposited by you during the FY2018-19;
e) Self-assessment taxes paid by you.
Read More: How to Do Income Tax eFiling Online
3. Home loan statement from bank/NBFC
If you have taken a home loan from a bank or any other financial institution, don't forget to collect the loan statement for the last financial year. It will provide you the break-up details of how much principal and interest has been repaid by you. This statement is needed both as proof and as a source of information for filling your income tax return.
4.Aadhaar card
Providing Aadhaar details is mandatory to successfully file your ITR. According to section 139AA of the Income-tax Act, an individual is required to provide his/her Aadhaar details while filing the return of his/her income. If you have not received your Aadhaar card yet but have applied for it, then you would be required to provide the enrolment ID in your tax return. The income tax department has made it mandatory to quote Aadhaar number from
Read More: How to Link your Aadhaar with your PAN Card ( It is Mondatory )