What Documents Do I Need for Tax Filing in India?
Filing income tax is a crucial responsibility for every taxpayer in India. Timely and accurate tax filing ensures compliance with the law and avoids penalties. However, many individuals and businesses often find themselves confused about the documents required for tax filing. In this blog, we will outline the essential documents you need for income tax filing and the benefits of using online tax filing services in India . 1. Form 16 For salaried individuals, Form 16 is one of the most important documents. It is a certificate issued by your employer that details your salary, deductions, and the amount of tax deducted at source (TDS). Form 16 is crucial for verifying your income and the taxes paid while filing your Income Tax Return (ITR). Ensure that you have this form handy, as it serves as a primary record of your earnings. 2. Form 26AS Form 26AS is a consolidated tax statement that includes details of all the taxes deducted on your behalf, including TDS from your salary, ...