Income Tax Return Checklist for Your Clients

Income Tax Return Checklist for Your Clients

Client Documents

1. Previous year(s) ITR and computation (Ignore if exiting client)
2. XML file and password or Security answer of income tax e-filling site
3. (Ignore if exiting client)
4. P  & L, Balance sheet and other relevant ledgers
5. digital signature
6. Necessary documents and deeds in case of capital gain
7. Necessary documents for deduction under chapter VI A
8. Various Certificates in case of TDS(16A, 16G)
9. Check Head wise income

• Salaries
• House Property
• Profit and Gain from Business & Prof.
• Capital Gain
• Income from Other Sources

Working Details

1. Verify 16A (TDS) with 26AS
2. Verify previous year ITR & Comp.
3. Verify brought forward losses
4. Verify previous year(s) income tax refund status
5. Verify all deduction(s) in detail and apply effect of same in computation
6. Computation checked
7. Weather the signed computation & ITR received from client (Ignore if digitally Signed)
8. Filling Date
9. Acknowledgement No.
10. Weather singed ITR sent to Bangalore (CPC) Date
11. Any query/ observation:_______________________

Download income tax return checklist in PDF Format to print and attached with the client file

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4. Computation of Business Income Statement – Download Excel File
5. How to file Income Tax Return for Dummies