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 10x Genomics Inc. To Hold From Sell
Research Alert: CFRA Raises Opinion On Shares Of 10x Genomics Inc. To Hold From Sell
Jun 26, 2025
11:20 AM EDT, 06/26/2025 (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 to $12 from $7, based on our DCF analysis, and change our recommendation on shares of TXG to Hold from Sell. We widen our 2025...
How to buy stocks: A 5-step guide for new investors
How to buy stocks: A 5-step guide for new investors
Jun 26, 2025
It's never been easier to buy stock. If you have a little bit of money and a brokerage account, you can buy a piece of a publicly traded company. A stock is an ownership share in a business, and literally thousands of them (iconic names such as Apple, Coca-Cola and Nvidia ( NVDA )) trade on a stock exchange, allowing...
Research Alert: CFRA Reiterates Buy Opinion On Shares Of Jefferies Financial Group Inc.
Research Alert: CFRA Reiterates Buy Opinion On Shares Of Jefferies Financial Group Inc.
Jun 26, 2025
01:25 PM EDT, 06/26/2025 (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 target by $9 to $66, reflecting near-term challenging market conditions due to U.S. policy and geopolitical events. Our target is based on a P/E of 16.5x our...
Research Alert: CFRA Maintains Hold Opinion On Shares Of Jpmorgan Chase & Co.
Research Alert: CFRA Maintains Hold Opinion On Shares Of Jpmorgan Chase & Co.
Jun 26, 2025
11:05 AM EDT, 06/26/2025 (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 by $25 to $295 using a forward normalized P/E multiple of 15.1x, which is near the five-year historic average at 14.9x, recognizing a wider equity risk...
Copyright 2023-2025 - www.financetom.com All Rights Reserved