Documents that should be handy when filing ITR

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As the Government of India has already notified the ITR Forms for the Financial Year 2018-19, thereby to ensure easy and convenient filing of the return, it is necessary to collect all the required documents in advance and keep in hand to make the process of ITR filing easier and fast. Filing the Income Tax Return before the due date will also help an assessee to avoid any penalties and interest that would otherwise be levied.

As per the directions of the Income Tax Department, for the Assessment Year 2019-20, all the below-mentioned documents and details related to these documents must be available with the assessee while filing his ITR in order to file his Income Tax Return appropriately:

  1. Bank Statement:

Summary of bank statement/Passbook copy of all the bank accounts of the assessee from the previous fiscal year will be needed.

  • Permanent Account Number of the assessee:

This is required as an individual is identified in his ITR form by his PAN number.

  • Form 16 (if you are a salaried person):

Form 16 is a crucial document as it is a TDS certificate issued by the employer that contains almost all the details about an employee’s salary and TDS deducted on the same, if any.

  • Form 16 A/16 B/16 C :

Form 16 A is issued by the bank in respect of TDS deducted on payments other than salaries such as interest received from fixed and recurring deposits etc. if the amount received exceeds the specified exemption limit.

Form 16 B is issued by the buyer to the seller whenever he buys any property and deducts any TDS on the amount paid as consideration for the property.

Form 16 C is issued by the tenant to the landlord whenever he pays a monthly rent of amount exceeding Rs. 50,000 and deducts TDS on it.

  • Loan statement(if any):

To file your Income Tax Return, it is mandatory to provide details of any loan taken from a bank or any other financial statement during the last financial year.

  • Capital gains:

ITR forms will also require complete details of sale or purchase of any property, mutual funds or equity shares made by the assessee in the last financial year.

  • Aadhaar Card:

From April 1, 2019, to successfully file an ITR, it is essential to provide Aadhaar details and quote Aadhaar number of an individual.

  •  Investment in Unlisted shares:

 ITR-2 requires details of any holding shares of an unlisted company like opening and closing balance, shares acquired and transferred during the preceding financial year, along with the name and PAN details of the company.

  •  Salary slips:

To file ITR 2, an employee also needs salary slips that provides complete details of salary including basic pay, dearness allowance, house rent allowance, etc.

Also, as per the notification issued recently by the Income-tax Department income tax refund will now be credited only to such bank accounts that are linked with the PAN. Therefore, make sure to link your bank account with your Permanent Account Number and pre-validate it at income tax e-filing website before filing your ITR.


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An MBA in finance, I like to cover the wide range of topics related to Taxation, SEBI, Finance and anything that is Public Helpful. The motive is always to make it simpler for the taxpayers understand the system better and take informed decisions.

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