ITR Filing for Salaried Person: Documents Required, Process & Deductions Explained

Filing your Income Tax Return filling (ITR) might seem like a daunting task, especially for salaried individuals juggling work, responsibilities, and deadlines. But it doesn't have to be complicated. With a clear understanding of what documents are needed, the process involved, and the deductions you can claim, you can file your ITR seamlessly. And when you choose a reliable partner like CorpBiz.io, tax compliance becomes a hassle-free experience that saves you time, maximizes your returns, and ensures peace of mind.

For every salaried individual, filing an ITR is not just a legal obligation—it’s a financial responsibility. Whether you fall under the mandatory filing criteria or choose to file for loan approvals, visa processing, or claiming tax refunds, submitting your returns on time speaks volumes about your financial discipline. At CorpBiz.io, we simplify this entire journey with expert-led support and a tech-driven platform that ensures 100% accuracy and compliance.

Documents Required for ITR Filing (Salaried Individuals)


Before diving into the filing process, make sure you have these essential documents ready:

  • Form 16: Issued by your employer, it outlines the salary paid and TDS deducted.
  • Salary Slips: Monthly payslips help calculate total income and allowances.
  • PAN Card & Aadhaar Card: Basic identity verification for all filings.
  • Bank Statements: Necessary to report income from interest and validate transactions.
  • Investment Proofs: Documents for deductions under Sections 80C, 80D, etc. (e.g., LIC, PPF, ELSS, health insurance).
  • Form 26AS: A consolidated statement of all tax credits against your PAN.
  • House Rent Receipts (if applicable): For HRA exemptions.
  • Home Loan Statements: If you’re claiming deductions on home loan interest/principal.

The Filing Process Made Easy with CorpBiz.io


The process of filing ITR can be streamlined into simple, user-friendly steps when you partner with CorpBiz.io.

  1. Document Collection: Upload your documents securely to our portal.
  2. Expert Review: Our tax professionals analyze your documents, validate income, and identify applicable deductions.
  3. Return Preparation: We prepare your ITR accurately based on your income details.
  4. Client Review & Approval: You review the draft return and approve it for submission.
  5. Return Filing: We file the return with the Income Tax Department and share the acknowledgment (ITR-V) with you.
  6. E-Verification Assistance: We guide you on how to e-verify your ITR using Aadhaar OTP, Net Banking, or EVC.

Deductions You Can Claim as a Salaried Taxpayer


One of the biggest perks of proper tax planning is the ability to reduce your taxable income. Here’s a list of deductions commonly claimed by salaried individuals:

  • Section 80C: Up to ₹1.5 lakh on LIC premiums, ELSS, PPF, NSC, EPF, and more.
  • Section 80D: Medical insurance premiums for self and family.
  • Section 24(b): Interest on housing loan up to ₹2 lakh annually.
  • Section 10(14): Allowances like HRA, LTA, and standard deduction of ₹50,000.
  • Section 80E: Deduction on education loan interest.
  • Section 80TTA: Savings account interest up to ₹10,000.

Why CorpBiz.io is Your Go-To ITR Partner


Filing your ITR filling rules correctly and on time isn't just about avoiding penalties—it’s about making the most of your hard-earned income. With CorpBiz.io, you gain access to personalized support, data security, and smart tax planning strategies tailored to your income profile. Our dedicated team ensures your ITR is filed accurately, with maximum eligible deductions applied, helping you save money while staying compliant.

Whether you are a first-time filer or a seasoned professional, CorpBiz.io empowers you with the right tools and expert guidance to make tax filing seamless, efficient, and stress-free.

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