financetom
Personal Finance
financetom
/
Personal Finance
/
Explainer: Documents that can ease filing of income tax returns
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Explainer: Documents that can ease filing of income tax returns
Jul 13, 2018 10:58 AM

With the deadline for filing the income tax returns getting closer, many are rushing to finish the business.

Live TV

Loading...

However, many get in to trouble due to lack of proper idea regarding the process.

Here is a detail about documents that are necessary for the filing process.

The first group of documents that are handy for the filing are the general documents such as PAN card, mobile number linked Aadhaar card and original copy of bank account statements.

The next in the list is Form 16, i.e. salary certificate issued by the employers.

The Form 16 gives details about the salary received by the individual along with details such as tax deducted, exemptions given etc.

Similarly, Form 16A that offers details of TDS certificates on incomes other than a salary income is particularly useful for freelancers and self employed.

Form 26AS is a tax credit statement or an annual statement released by the Income Tax Department.

The form gives of all taxes paid by you or on your behalf making it useful while filing the returns.

In additions, documents such as interest certificates and investment documents too are helpful as they give details about various deposits, investments etc.

First Published:Jul 13, 2018 7:58 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Research Alert: CFRA Raises Opinion On Shares Of Warner Music Group Corp. To Hold From Sell
Research Alert: CFRA Raises Opinion On Shares Of Warner Music Group Corp. To Hold From Sell
Jun 5, 2024
08:45 AM EDT, 06/05/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our target price by $2 to $32 using forward TEV/EBITDA of 11.8x our FY 25 (Sep.) EBITDA estimate at $1.67B, below the peer average at 13.0x. We keep...
Research Alert: CFRA Maintains Hold Opinion On Shares Of Brown-forman Corporation
Research Alert: CFRA Maintains Hold Opinion On Shares Of Brown-forman Corporation
Jun 5, 2024
09:40 AM EDT, 06/05/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lower our 12-month target by $10 to $45, based on a FY 26 (Apr.) P/E of 20.9x, a justified discount to its 10-year average forward P/E of 32.8x. We...
Research Alert: CFRA Maintains Buy Opinion On Shares Of Pvh Corp.
Research Alert: CFRA Maintains Buy Opinion On Shares Of Pvh Corp.
Jun 5, 2024
08:10 AM EDT, 06/05/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We maintain our 12-month price target of $138, based on 12.0x our FY 25 (Jan.) EPS estimate and below the company's 5-year average forward P/E multiple of 13.1x. We maintain...
Research Alert: CFRA Maintains Hold Opinion On Shares Of Thor Industries, Inc.
Research Alert: CFRA Maintains Hold Opinion On Shares Of Thor Industries, Inc.
Jun 5, 2024
08:00 AM EDT, 06/05/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lower our 12-month price target by $10 to $90, based on 12.5x our FY 25 (Jul.) EPS estimate, a justified discount to THO's mean 10-year forward P/E of 13.7x....
Copyright 2023-2026 - www.financetom.com All Rights Reserved