By Admin 
ITR Filing: The Central Board of Direct Taxes (CBDT) has increased the deadline to file ITR from 31 July to 15 September this year, taking care of the facility of taxpayers. These reliefs are only for taxpayers who do not require an account of account such as salaried employees, pensioners. Many more people will have to pay tax according to the old deadline. There is still time, so submit all the documents with you so that there is no problem while filing the return.
Form 16
One of the documents that will be needed while filing income tax returns is Form 16, which gives you your employer. In this, how much your total salary is, how much TDS has been deducted, there is complete tax information. This helps you ensure whether the data filled on the tax portal is correct or not.
Form 16A, 16B, 16C, and 16D
Form 16 is applied to the income from insurance commission and interest on fixed deposits. When a person buys immovable property worth more than Rs 50 lakh, the buyer has to cut the seller’s TDS. Then it has to be admitted to the form QB. After this, Form 16B is ready. Similarly, if the fare for the month is more than 50000, then the tenant issues Form 16C to the landlord. The tenant is responsible for cutting TDS and giving certificates. With the help of these certificates, it is easy to find out the earnings from different sources and fill tax returns without any lapse.
AIS, TIS and Form 26AS
These are like your tax records. Form 26AS contains information about TDS and TCS. AIS contains bank interest, FD and share details, while in TIS there is a summary of the information given in AIS. All these are available on income tax websites.
Capital gain statement
If you have sold stock, mutual funds or property, then you have to tell about your capital gains. Get a capital gain statement from your broker or fund house.
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