When filing Income Tax Return (ITR) in India, the following documents are typically required:
- PAN Card: Permanent Account Number (PAN) card is essential for all individuals and entities to file ITR in India.
- Form 16 / Salary Certificate: Form 16 is a certificate issued by your employer that contains details of your salary, tax deductions, and TDS (Tax Deducted at Source) during the financial year.
- Form 16A / TDS Certificates: If you have earned income from sources other than salary (like interest on fixed deposits or rent), you may receive Form 16A or TDS certificates from the deductors.
- Bank Statements: Bank statements for all your savings and current accounts showing transactions, interest earned, and any other relevant details for the financial year.
- Investment Proofs: Documents supporting your investments in various schemes eligible for tax deductions under Section 80C, 80D, etc. Examples include LIC premium receipts, PPF passbook, ELSS statements, etc.
- Home Loan Statement: If you have a home loan, you’ll need the statement showing principal and interest components paid during the financial year.
- Capital Gains Statements: If you have sold any investments or property, documents showing the details of capital gains and taxes paid on them.
- Form 26AS: This is a statement that reflects all the taxes deducted against your PAN by various deductors, including TDS on salary, interest, etc.
- Aadhaar Card: Aadhaar card may be required for identity verification.
- Medical and Health Insurance Details: If you have medical insurance (Mediclaim) or health insurance (under Section 80D), you’ll need the policy details and premium paid receipts.
- Rent Agreement and Landlord’s PAN: If you are claiming HRA (House Rent Allowance) deduction, you may need a rent agreement and the landlord’s PAN card.
- Form 10E: If you are claiming relief under Section 89(1) for arrears of salary, you need to submit Form 10E.
- Any other relevant documents: If you have made donations eligible for tax deduction (under Section 80G), have income from house property, or any other income sources, gather the necessary documents for them.
It’s essential to keep all these documents organized and ready when filing your ITR, as they will help ensure accurate reporting and enable you to claim the eligible deductions and exemptions. Always verify the latest requirements and rules from the Income Tax Department or consult a tax professional if needed.