Documents for Evidence of Income
1) Form 16
2) Form 12B
3) Form 16A
Forms for Filing Returns
4) ITR-1
5) ITR-2
6) ITR-3
7) ITR-4
Points to Keep In Mind When Filing Returns
- Keep your Permanent Account Number (PAN) ready with you when filing your returns. It is the most important document as stating the wrong PAN in your ITR form could attract a penalty.
- Documents relating to all the investments made in the financial year such as life insurance premium receipts, Public Provident Fund (PPF), equity-linked savings scheme (ELSS), post office savings, infrastructure bonds, donations to charitable trusts, and such must be kept safely to ensure you incorporate the information accurately when filling in the forms.
- Though the Income Tax department doesn’t really ask you to furnish documents along with the returns, all receipts whether municipal tax receipts, rent receipts, bills, and contract notes for assets must be safely kept.
- In case of any Advance Tax paid during the year, details of such tax payments to be kept safely too.