Complete checklist for e-Filing Income Tax – IT returns / refund online

Here is the list of documents you required at time of e-filing IT returns online. Before e-file Income tax return online it is very important to know the checklist for e-filing Income tax return online. Often people start e-filing IT return online without having full knowledge of documents required and they have to skip in middle. So is going to give your full checklist of documents required to e-file IT returns.

IT returns online checklist of documents
Income Tax Website Homepage

Checklist for e-Filling Income Tax- IT Returns

There are a few prerequisites to filing your Income Tax Returns smoothly and effectively. Major points have been highlighted below.

Choose the right form

It can be confusing to decide which ITR form to submit when filing your income tax returns online. The different categories of Income Tax Return (ITR) forms and descriptions are given below.

ITR Form Descriptions
ITR 1 (SAHAJ) For Individuals with income from salary and interest
ITR 2 For Individuals and Hindu Undivided Families (HUF) not having income from business or profession
ITR 2A For Individuals & HUFs not having Income from Business or Profession and Capital Gains and who do not hold foreign assets
ITR 3 For Individuals/HUFs being partners in firms and not carrying out business or profession under any proprietorship
ITR 4 For Individuals and HUFs having income from a proprietary business or profession
ITR 4S (SUGAM) For Individuals/HUF having income from presumptive business
ITR 5 For Firms, AOPs, BOIs and LLP
ITR 6 For Companies other than companies claiming exemption under section 11
ITR 7 For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D) or section 139(4E)

Check your tax credit – Form 26AS vs. Form 16

You should check Form 26AS before filing your returns. It shows how much amount of tax has been deducted from your salary or imcome by you employer and deposited with Income tax department.

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You should ensure whether tax deducted from your income as per your Form 16 is same as matches with the figures in Form 26AS.

There are chances, you will get a notice from IT department in case any error in figures.

Claim 80C, 80G, savings certificates and other deductions

You can claim extra deductions if you forgot to claim them. Similarly, if you have made donations to any charitable institutions, you can also claim deductions under section 80G.

Statement of Interest on savings accounts and fixed deposits

A deduction for up to Rs.10,000/- is allowed on interest earned on savings accounts. However, interest earned on bank deposits, if any, forms a part of your taxable income and is taxable at applicable slab rates.

In addition to the above documents, have the following at hand at the time of e-filling.

  • Last year’s tax returns
  • Bank statements
  • TDS (Tax Deducted at Source) certificates (Form 16 or Form 16A)
  • Balance Sheet, P&L Account Statement and other Audit Reports wherever applicable.
  • Ensure your system is equipped with Java Runtime Environment Version 7 Update 6 or above.

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