Income Tax Return is one thing that every individual whose income exceeds certain limit of their annual income. The individuals who are seeking to file their income tax returns need to make sure that they have arranged all the essential documents for e-filing IT returns online in India. In order to file the income tax returns, the people need to gather some important documents in India. In this post, we have come up with a list of all the essential documents required to file income tax returns online via the official web portal of Income Tax department.
Documents Required for e-Filing of Income Tax Return for Salaried Employees
The income tax payers must possess essential documents in order to file income tax returns online for the salaried employees. In order to file income tax returns, the individuals must and should have to Form 16 Part A and Part B. The employer issues Form 16 for all the employees for a financial year max by 30th May of every year. You can then start filing your income tax returns right now after making sure you have all the required documents. Here is a list of the documents required to file your income tax returns online:
PAN Card
Pan card is the most essential document for every tax payer at the time of filing their income tax returns online. They need to submit the authorized PAN number as it is an identity proof for each and every individual.
Bank statement
The employee or the tax payer must ensure that they provide all the essential bank statements at the time of filing their income tax returns. Submit your Passbook of the savings bank account.
Form 26AS
Form 26AS is a form related to the income tax returns. It comprises of a review of income tax deducted on behalf of the tax payer and the amount of tax that the payer makes payment.
Documents for Claiming Deductions
The Income Tax department has mentioned a list of documents required to claim the deductions under Section 80 C of Income tax Act, that a tax payer could claim. In order to claim your deductions, you need to have all the below-listed documents.
Provident Fund ContributionSchool fees of childrenLife insurance Premium PaymentStamp-duty and Registration ChargesPrincipal refund on the tax payer’s home loan
The maximum amount that a tax payer could claim under Section 80C altered to Rs.1, 50, 000 in the previous Financial Year 2014-15 from Rs. 1, 00,000 in Financial Year 2013-14.
Investment Documents
If you are a salaried employee, you need to include the eligible deductions along with the investment proofs. If you had invested some amount to your employer prior to the completion of the financial year, you need to submit the investment proofs.
Property Data
You need to provide all the details regarding your property like sold any house or purchased a new one during the current financial year. In that document, you need to mention the details like sale proceeds, date of sale or purchase, rental income and other details.
These are the essential documents required for the tax payer to file income tax returns online.
Share this:
2Click to share on Facebook (Opens in new window)2Click to share on Google+ (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Pinterest (Opens in new window)Click to email this to a friend (Opens in new window)
Related Posts:
How to Update Contact Details in the Income Tax e-Filing PortalWhy you should file your tax return by July 31?Made a mistake in your tax return? Here’s how to correct itHow To Register On The Income Tax Department Website?New Income Tax Rules To Keep Track Of Unaccounted Cash
Post navigation
How to Download Your ITR-V from IT Department Website?
E-Filing Income Tax Return through Net Banking
Leave a Reply
Your email address will not be published. Required fields are marked *
Comment
Name *
Email *
Website
Notify me of follow-up comments by email.
Notify me of new posts by email.
Search for:
RECENT POSTS
Get PAN Card details via PAN NumberE-Filing Income Tax Return through Net BankingDocuments required for e filing of Income Tax ReturnHow to Download Your ITR-V from IT Department Website?Simplest way of Income Tax efiling online | File IT Return Online
POLICIES AND TERMS
Terms Of Use
Privacy Policy
Refund Policy
LET’S CATCH SOME VIBE
About Us
Contact Us
Pricing Plan
FAQ
Blog
IMPORTANT LINKS
Income Tax India E-Filing
Income Tax Refund Status
Know Your PAN
Track PAN/TAN Status
HRA Calculator
SUBSCRIBE TO UPDATES
Enter your email address to updates and receive discount delivered to your email.
Email Address
Documents needed for filing of Income Tax Returns in India :
Comments
Post a Comment
Reply Within 24 Business Hour