ITR Filing in India- Various types of Documents required
Income Tax Filing in India
Approx. 60 Million Income Tax Returns are
filed in India every year and it is one of the major sources of revenue besides
indirect tax in India.
The Income Tax Filing in India is quite a complex procedure and requires lot of
documentation. Although documents are not required at the time of ITR filing,
however, for the purpose of proper computation of tax liability and filing of
tax return, such documents are required. Further, such documents comes to the
rescue of the tax payers at the time of any Income Tax Assessment against the
assessee by the tax authorities or at the time of any inquiry related to tax
return filing by the tax department.
In this write up, we would try to understand
what are the different types of documents required for filing Income Tax
Return in India.
Documents required for ITR Filing in India by various
assessee in India
Following are the list of documents required
for tax return filing by various assesses in India:
ITR
filing by Corporate
a) Copy of audited balance sheet, profit and loss account,
cash flow statements and notes to accounts
b) Copy of Tax Audit Report of current year and last year
c) Copy of Transfer Pricing Audit Report
d) Copy of Form 26AS and AIS
e) Copy of all Bank Statements
f) Details of any capital gain transaction
g) Copy of ROC annual Return
h) Tax login id and password
i)
Digital Signature
ITR
filing by Limited Liability Partnerships
a) Copy of audited balance sheet, profit and loss account,
cash flow statements and notes to accounts
b) Copy of Tax Audit Report of current year and last year
c) Copy of LLP agreement to determine profit sharing ratio
and interest and remuneration
d) Copy of Form 26AS and AIS
e) Details of any capital gain transactions
f) Copy of all Bank Statements
g) Tax login id and password
h) Digital Signature
ITR filing by Partnership firms
a) Copy of audited balance sheet, profit and loss account,
cash flow statements and notes to accounts
b) Copy of Tax Audit Report of current year and last year
c) Copy of Partnership deed to determine profit sharing
ratio and interest and remuneration
d) Copy of Form 26AS and AIS
e) Copy of all Bank Statements
f) Tax login id and password
g) Digital Signature
ITR filing by Proprietorship firms
a) Copy of audited balance sheet, profit and loss account,
cash flow statements and notes to accounts
b) Copy of Tax Audit Report of current year and last year
c) Copy of Form 26AS and AIS
d) Copy of all Bank Statements
e) Details of investment made in section 80C and 80D
ITR filing by Individuals and HUF
a) Copy of form 16, salary
slip, employment contract letter, copy of form 16A
b) Copy of form 26AS and AIS
c) Copy of bank statements of
all the bank accounts
d) In case of Non Residents,
details of number of days of stay in India during last year, last 4 years, last
7 years and last 10 years in order to determine the residential status
e) Copy of documentary
evidences of investments made u/s 80C and 80D
f) Copy of PAN, Aadhar,
Passport
g) In case of investment in
shares, mutual funds, copies of contract notes, statement of investments etc.
h) In case of sale of property,
copies of sale and purchase deed
i)
Income
tax login password
Thus, it may be noted from above that there
are some common documents required for filing Income Tax
Return in India for all types of assessee; however, depending
upon the types of assessee, some additional documents are also required for tax
return filing in India.
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