Whether you are a salaried individual or self-employed, there are some documents common for all. These documents are required every time you file your ITR.
With the July 31 deadline for income tax returns filing only a few weeks away, it is time to gather all your tax-related documents for a smooth filing process. This will not only speed up your filing process, but also reduce the chances of unforced errors and missed details.

Bank Account Statements: You will need to have all your bank account statements for the relevant financial year before calculating your overall tax liability. You need to especially keep an eye for any high-value transactions done through your accounts which you will need to report.

Interest certificate is a form detailing TDS on all your fixed deposits. Interest certificate can be useful especially when using Form 15G or 15H for reversal of TDS for either a nil taxable income for the FY or for senior citizens availing deductions!

7dc3712d2ffbbba9980cedede6950969.jpgAny individual joining a new company in the middle of a financial year should submit Form 12B with the new employer as per rule 26A of the I-T Act. Although it is not mandatory to submit Form 12B, it helps as the new employer gets details of the individual’s previous financial information. The new employer can then release a consolidated Form 16 before the end of the financial year.

Original ITR for revised ITR filing: Those filing a revised ITR for any previously missed entry or a correction must know that the copy of the previously-filed ITR is needed for filing a revised ITR.