25/06/2015

Additional requirements/ details for filing of Income Tax Return of AY 2015-16

Summary Additional requirements/ details for filing of Income Tax Return of AY 2015-16
CBDT notify ITR forms for filing of income tax return for AY 2015-16. But all forms require some additional details for filing of Income Tax Return for AY 2015-16. Here is the details below:
1. Do you have Aadhaar No.? If yes, please provide photocopy of it.

2. Passport No if yes Please provide photocopy of it.

3. Details of all Saving/ Current accounts with banks held by you at any time (including opened/closed) during the previous year
v  Name of the bank
v  IFS CODE of the bank
v  Account no as per CBS system of the bank ( in 10 or more digits)
v  Nature of the bank account


4. Details of Foreign Assets and Income from any source outside India, if yes then information required are..
v  Country Name and Code
v  Name and Address of the Bank
v  Account Holder Name
v  Status – Owner/Beneficial Owner/Beneficiary
v  Account No.
v  Account Opening Date
v  Peak Balance during the year ( In Rupees)
v  Interest Accrued in the account
v  Interest Taxable and offered in the return in India

5. Details of Financial Interest in any Entity held (including any beneficial interest) at any time during the previous year, if yes then information required are.
v  Country Name and Code
v  Nature of Entity
v  Name and Address of the Entity
v  Nature of Interest – Direct/ Beneficial owner/Beneficiary
v  Date since held
v  Total Investment (at cost in rupees)
v  Income Accrued from such interest
v  Nature of income
v  Income Taxable and offered in the return in India

6. Details of Immovable Property held (including any beneficial interest) at any time during the previous year, If yes, then information required are..
v  Country Name and Code
v  Address of the property
v  Ownership – Direct/Beneficial owner/ beneficiary
v  Date of Acquisition
v  Total Investment (at cost in rupees)
v  Income Derived from the property
v  Nature of Income
v  Income Taxable and offered in the return in India

7. Details of any other Capital Asset held (including any beneficial interest) at any time during the previous year
v  Country Name and Code
v  Nature of assets
v  Ownership – Direct/Beneficial Owner/Beneficiary
v  Date of Acquisition
v  Total Investment (at cost in rupees)
v  Income derived from asset
v  Nature of Income
v  Income taxable and offered in the return in India

8. Details of account(s) in which you have signing authority held (including any beneficial interest) at any time during the previous year and which has not been included as above.
v  Name of Institution in which the account is held
v  Address of the Institution
v  Name of the account holder
v  Account Number
v  Peak Balance/Investment during the year ( In Rupees)
v  Whether Income Accrued is taxable in your hands
v  If Yes, Income accrued in the account
v  If It is yes, Income offered in the return in India

9. Details of any other income derived from any source outside India which is not included in,- (i) items covered above and, (ii) income under the head business or profession
v  Country name and code
v  Name and address of the person from whom derived
v  Income derived
v  Nature of income
v  Whether taxable in your hands
v  If yes, income offered in the return in India

Damodar Prasad Agarwal

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