The public authority has told that the last date to document the annual government form for the monetary year 2021-22 is December 31, 2021. As indicated by media reports, the ITR entryway has been detailing a ton of errors as the cut-off time draws near. Nonetheless, it is prompted that you continue to attempt to record the return. A punishment of Rs 5,000 is to be paid if there should arise an occurrence of inability to record the ITR before the due date.
In a tweet, the Income Tax Department said Dear Taxpayers! Do make sure to document your Income Tax Return for AY 2021-22 inside the stretched-out due date of 31st December 2021. Try not to stand by, File NOW!
Here, we list the significant reports that you really want to have prior to documenting the ITR:
Structure 26AS
Otherwise called Annual Consolidated Statement or ACS, this structure contains all the significant data connected with the expense of the citizen. It likewise included subtleties of Tax Deduction At Source or TDS. The structure can be downloaded from Income Tax Deptt's entrance without any problem. It is a critical report.
Structure 16
This report is given by the business to the worker. It says that the duty has been, properly, deducted from the representative's compensation and has been stored with the I-T division. It has every one of the subtleties of the compensation of the worker.
Speculation Proofs
There are different duty-saving ventures like extra security charges, interest in Public Provident Fund (PPF), clinical protection, and so forth The verifications or receipts of this large number of exchanges are needed to be submitted to the I-T division for asserting the allowances in the annual duty.
Interest Income Proofs
The citizen additionally needs to present the verification/authentication, giving insights concerning the interest got in the monetary year on the Fixed Deposits (FDs) and investment funds. The receipt of such payments can be effectively downloaded from individual banks' net banking applications. It can likewise be acquired from the bank genuinely.
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