New Delhi: The last date to file Income Tax Return (ITR) is December 31. In order to avoid last minute hassle, it is advised that you file your ITR before time.


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This year's income tax return will be filed for the Assessment Year 2021-22 or FY 2020-21. The ITR this year is applicable for income earned between April 1, 2020 and March 31, 2021. (Also read: Know your Income Tax slab, check detailed table here)


This year, tax filers, filing ITR FY 2020-21 can choose the New Tax Regime which has caused minor changes in all the ITR forms except ITR form 7. Whether or not a tax filer is opting for the new tax regime must be clearly mentioned. The simple declaration is for filing ITR-1 (Sahaj) while others will have to file a separate form 10IE or 10IF.


Meanwhile, salaried individuals must keep these 9 Checklist of documents or information for filing ITR-1 SAHAJ


1. General Information


PAN


Aadhaar card number



2. Salary/Pension: Form 16 from Employer(s)


3. Income from house property


Rent receipt


Housing loan account statement for deduction of interest
 


4. Other sources


Bank Statement/passbook for interest on saving account and on fixed deposits


 


5. Claim of deduction under chapter VI-A


Your contribution to PF/NPS


Your Children's school tuition fees


Life insurance premium reciept


Stamp duty and registration charges


Principal repayment on your home loan


Equity Linked Saving Scheme/Mutual funds investments


Reciept with details of donations eligible for 80G


The aggregate amount of deduction admissible u/s 80C, 80CCC AND 80CCD(1) and shall be restricted to maximum limit of Rs 1.5 lakh.


 


6. Fill up Schedule Dl if you have made any investment/deposit/payments between April 1, 2020 to July 31, 3030 for the purpose of claiming any deduction under Part B of Chapter VIA


 


7. Tax Payment Details


Verify the tax payment details as available in your form 26AS.


 


8. TDS Details


Verify the TAN details and the amount of credit available in your form 16 (For salary), 16A (non Salary) and 16C (Rent)


PAN/Aadhaar of Tenant


 


9. Other information


Exempt income like agricultural income, dividend (only for reporting purpose)


Details of all active bank accounts held in India (Minimum one account should be selected for refund credit)


Form 10E in case relief u/s 89 is claimed


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