income tax
ITR Filing 2026: Tax season is knocking once again. Income Tax Return (ITR) forms have been released for the assessment year 2026-27 and online-offline facilities for filing it are also going to start soon. It is often seen that many people start filing returns at the last moment and are worried about the necessary documents. Returns filed with half-baked preparation not only leave more room for mistakes, but you may also forget to claim many important tax exemptions. This may result in a delay of weeks in getting the refund. In such a situation, it would be wise to save all your important documents at one place before starting the process of filing ITR.
These are the most important documents, without them the matter will not be resolved.
Tax filing starts with your basic identity cards. Your PAN card (PAN) is the most important part of this entire process. Before filing the return, make sure that your PAN card is linked to your Aadhar card. Along with this, definitely update your mobile number and email ID on the Income Tax Portal, so that you can get the OTP for e-verification and important information from the department without any interruption.
If you are employed, then Form 16 is your biggest weapon. This document is issued by your employer, which contains complete details of your total salary, tax deducted (TDS) and various allowances. If you have changed your job in the last financial year, it is mandatory for you to collect Form 16 from both or all your old companies.
Match 26AS and AIS
Apart from salary, there are many sources of our income. In such a situation, do not forget to download Form 26AS and Annual Information Statement (AIS). These documents are the mirror of your financial transactions. These contain complete accounts of TDS deposited in your name, interest received from bank account, and transactions done in stock market or mutual funds. Be sure to match your bank statement and these documents. Often people forget to include the interest received from savings account or FD in their income, which can lead to tax notice later. Apart from this, keep your salary slip also, because it gives accurate data of PF and other deductions.
These papers are a shield to save tax
If you have chosen the old tax regime, then it is very important to collect investment certificates to save tax. Keep the receipts of Life Insurance (LIC), PPF, ELSS, children's tuition fees and health insurance in the file. Taxpayers who have taken a home loan must obtain the annual interest certificate from the bank, so that the rebate on both principal and interest can be availed properly. People who live in a rented house and want to claim HRA should have the rent agreement and receipts for the rent given to the landlord.
Keep records of every profit
Apart from job, if your income is from freelancing, pension, dividend or rental of any property, then this information also has to be given in the return. If you have sold any property, gold, shares or mutual funds in the last financial year, then keep the documents of purchase and sale related to it (including date and price) ready. This helps in correctly calculating capital gains tax. Also keep your last year's ITR form with you for reference, this is very convenient in filling the old details.
If you prepare all these documents in advance, your return filing process will become very easy. The return filed with correct information and strong documents not only protects you from the scrutiny of the tax department, but your refund also gets credited to your bank account on time.
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