Documents Required Before e-filing Returns

List of various documents required before e-filing returns online. Every taxpayer needs to collect the documents required for filing Income tax return. So, here is a list of the documents required for Salaried Individuals/Pensioners, Income from House Property, Tax Saving Deductions, Income from other sources and so on..

General Checklist and Pre-requisites:

• PAN card number.
• All active Bank account (except those not used in the last 3 years) information comprising of the Bank name, IFSC code, whether Savings/ Current/ Overdraft.
• TDS certificates: Form 16, Form 16A and/ or Form 16B.
• Tax payment challans for Advance tax, TDS or Self-Assessment tax: Challan 280, challan 281, challan 282, Form 26QB etc.
• When e-filing in response to an IT notice or rectification you will need particulars of original return or notice as specified.
• AADHAAR number or enrolment number in lieu.
• Balance sheets, Profit and Loss (P&L) statements, Audit and Account reports relevant to reporting income from business or profession as per the ITR form.

Salaried Individuals/ Pensioners:

1. Form 16 received from employer.
2. Statement of arrears, if one has been received.

Income from House Property:

1. Address of property in question.
2. Names, addresses and PANs of co-owners (if any).

• Interest payment receipts on Home Loans where applicable.

1. Particulars of tenant where the income is earned from rent.

Income from Capital Gains:

Land/Building

1. Sale/Purchase deed.
2. Money spent, date and other particulars of improvements made.

Movables: Equity or debt securities

1. Statement of all receipted transactions detailing values and dates
2. Where other capital instruments are involved, date and cost of transaction including transfers.

Capital Gain Exemptions

1. Particulars such as value and dates of capital investments in new assets in the last financial year
2. Particulars of payments to the Capital Gains Accounts Scheme, typically date and value of transaction 

Income from other sources

1. Your Bank Passbook/Statement certificate of income from interest
2. Provident Fund passbook to report interest;

• Dividend pay-out certificates

1. Certificate of income from bonds
2. National Savings Scheme interest earned statement for the last financial year
3. Report of gifts whether expressible in money terms or not

• Contracts for renting plant and machinery or other property let out
• Particulars of any income from winnings of lottery, horse races etc.

Tax Saving Deductions:

1. Medical and/or life insurance premium paid certificates
2. Provident Fund passbook;

• Fixed Deposit income certificates (qualifies for section 80C);

1. Repayment receipt if availed housing loan
2. Deposit certificates in case of participation in Senior Citizen Savings Scheme, pension plans etc.
3. Tuition fees statements;

• Receipts of donations made (give particulars of the donee such as name of trust, amount given, PAN, address) under Section 80G
• Other certificates/proof of investment for tax saving

1. Interest payment receipt from bank for education loan
2. Proof from Civil Medical Authority certifying prescribed diseases and disabilities

Particulars of foreign income/ assets:

1. Salary slips if income earned while abroad
2. Statements of foreign bank accounts if any

• Particulars of any foreign asset held including land or house, securities, stakes in a trust or institution and so on

This is your last chance to not file income tax returns. There is a penalty on non-compliance from FY 2017-18. E-file here.