Documents to support your IT Returns !!

Tax queries 475 views 1 replies

Hi,


I wanted to know that what are the Documents that one need to maintain to support your IT Returns, just in case in future if there is any Scrutiny or a raid from the Department. Documentation for someone filing a ITR4 (Income From Business)

The Documents I am aware are:

- IT Returns Acknowldgement Slip

-IT Returns form (eg: ITR4)

-Computation Sheet

-Investment Certificate, if claiming an exemption under 80C (eg: PPF,Mutual Fund)

 

Please let me know what are the other documents one needs to maintain.

 

Thanks & Regards,

Harshit Patel

Replies (1)

When its ITR 4 then

books of accounts / trial balance/ Profit and loss / balance sheet of business including vouchers and bank accounts , debtors and credits list/ stock books.

 

in a nutshell u have to preserve everything which is shown in your P/L account and balance sheet.


CCI Pro

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