Income Tax Return: Tax experts advise against waiting for the deadline to file your income tax return. Gathering the necessary documents before filing your return reduces the chance of errors and hassles.
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It’s time to file your Income Tax Return (ITR). To ensure a smooth and hassle-free process, it’s crucial to have all the necessary documents ready in advance. Many people start filing their returns unprepared and end up searching for documents mid-process. This can lead to mistakes. Having the right documents ready in advance helps taxpayers accurately report their income, claim deductions, verify previously paid taxes, and avoid notices from the Income Tax Department. Let’s explore the important documents you should have ready before starting the ITR filing process…
Salary and tax records
Form 16 (issued by the employer)
Form 16A/16B (TDS on non-salary income, if applicable)
Annual Information Statement (AIS) and Form 26AS (for detailed tax reconciliation)
Income proof
salary slip
Bank statement/FD interest certificate
Capital gains documents, such as broker notes; and any related documents related to the sale of shares, property, gold, or mutual funds
Details of income from dividends
Rental income documents
Proof of deductions and exemptions
If you have chosen the new income tax system…
Details of employer contribution to NPS account
Home Loan Interest Certificate
If you have opted for the old income tax system then…
Section 80C: Documents related to PF, LIC, ELSS, tuition fees, etc.
Section 80D: Health Insurance Details
NPS contribution details
Home Loan Interest Certificate
Documents related to education loan (Section 80E), donation (Section 80G), etc.
other essentials
PAN (linked to Aadhaar)
Aadhaar number
Pre-verified bank account to receive refund
Rent receipt and agreement if you live on rent and claim HRA
Chandni Anandan, tax expert at ClearTax, says, “Tax experts generally recommend waiting until around June 15 to file ITR. This is because the required documents are usually issued to employees by this date after the financial year ends. For FY 2025–26, employers are expected to issue Form 16 by June 15, 2026.”
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