Document Checklist for Salaried Personnel Filing Taxes

Document Checklist for Salaried Personnel Filing Taxes!

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Document Checklist for Salaried Personnel Filing Taxes!

Tax filing is an intimidating task for many tax filers due to lack of clarity in the documentation involved. One of the most common questions troubling a salaried tax filer is to find out the documents needed to file Income Tax Return. If you are filing your taxes, you do not need to worry because we have compiled a checklist for you.

Personal information related documents:

  • PAN card
  • Passport
  • Aadhaar card

Residential status related documents:

  • Details of stay in the country
  • Tax Residency Certificate (if applicable)

For salary:

  • Form 16 (Part A, Part B and Form 12BA if applicable)
  • If no tax was deducted at source then you may not get the Form 16. In such case you can either request a salary certificate from the employer or just keep your appointment letter and all your salary slip handy with you.
  • Foreign salary slips and foreign tax returns filed will be required if you had worked outside India in the previous year.
  • Details of PF withdrawn

Tip: Form 16 is most important document for filing the tax return. Find more about Form 16 here.

You can upload PDF file of your Form 16 on our website & our application will auto-populate the information in the return form so that you can easily file your return. Click here to e-file your taxes now.

 

Income from other sources (interest income in most cases):

  • Bank passbook/ or Interest certificate for interest on savings bank account.
  • Interest certificate and Form 16A (TDS certificate) for all your fixed deposits.
  • Details of other income earned (if any) e.g. dividend, commission, etc.

Tip: It is important to show the saving interest in the return and to claim the related deduction u/s 80TTA.

 

Details of your tax saving investments/expenses:

  • For claiming deduction of up to Rs. 1.5 lakh u/s 80C
    • Life insurance premium payment receipts
    • Your contribution to Public Provident Fund (PPF)
    • Your contribution to NPS
    • Stamp-duty and registration charges paid for the purchase of a house (if applicable)
    • Home loan interest and principal repayment certificate (if applicable)

 

  • Medical insurance premium receipts (u/s 80D)
  • Interest certificate for you education loan (u/s. 80E)
  • Donation receipts for the year (u/s 80G)
  • Other tax saving investment / expenses (know more about section 80C deductions here and section 80D here)

Income from House Property

  • Possession letter (in case of new property)
  • Receipt of Municipal taxes paid
  • Housing loan interest certificates
  • Details of pre-construction interest paid (if applicable)
  • Details of tax deduction/Form 16A on rent
  • Ownership Details (jointly held/singly held/ownership percentage)

Income from Capital Gain:

  • Sale deed for sale of property
  • Details of expenses relating to sale
  • Sale deed/gift deed for purchase of property
  • Brokerage and other expenses relating to purchase of property
  • Capital gain statement in case of sale of shares/ME or contract notes
  • Sale deed for re-invested (new) property

Details of any other deduction you missed to claim from your employer:

  • Your rent receipts and rental agreement, (PAN details of landlord in case rent exceeds Rs. 1 lakh) and salary slips in case you missed to claim HRA exemption
  • Details of travel cost (travel tickets, boarding passes, etc.) for claiming LTA exemption

 

Form 26AS:

Form 26AS contains all information related to various income earned by you during the year and the taxes deducted on such income at source. You can download your Form 26AS from https://incometaxindiaefiling.gov.in/. You can find a step-by-step guide here to view/download Form 26AS.

It is important and in your best interest to reconcile the details in your return with the details reflected in the Form 26AS to avoid delayed and short refund or tax notices and penalties from the department.

If you find tax return filing tedious, then you can leave the task to a tax expert who can accurately e-file your taxes and maximise your refunds. Click here to let a tax expert do the job!

HRBlockIndia
HRBlockIndia
H&R Block India strives to blend tax expertise with a strong focus on continually improving the client experience to provide all its clients with an unparalleled value proposition for filing their Income Tax Online.

11 Comments

  1. Dharmendra Sinha says:

    Hi, I need help to file ITR

  2. vinod kushwaha says:

    OK sir

  3. Daerrie s harriel says:

    I need to file my taxes

  4. C.M.Padmanabhan says:

    I need to file tax return for FY 2016/17. Please help me

  5. Kharaksingh says:

    How can I down load form 16

  6. Shashank Tambe says:

    Is there any charges for filing Income tax returns?

  7. Devindra Nath says:

    Thanks for theValueable exhortations

  8. Farzana says:

    I still haven’t received my form 16, how could u help me to file my tax return

  9. Mrinal Singh says:

    HI, I have my Form 16 where I found that Tax has been paid by company Payroll department. I did not invest money however and tried to upload the form 16 in website. But am I been charging Rs.344 which is to be paid through online payment gateway,

  10. PUNAM says:

    I HAVE NOT MY IT V , AND ALSO I FORGET USER ID AND PASS WARD WHAT CAN I DO PLEASE GIVE ME SOLUTION

  11. rupali shivaji wagh says:

    how can I got form 16 please help mi according to from 16 income tax will do retuns file

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