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Home > Income Tax > Help Center > Keep your Tax Records Last Updated: Dec 09th 2023
Every year, lakhs of new tax payers file their first income tax returns thanks to India's tax reforms and renewed focus on digitization to lower barriers to greater tax compliance. It's critical to comprehend which tax records / documents must be saved for future use.
First-time tax filers in India are in 10's of Lakhs. The tax department expects proof of even for minor discrepancies.
Discover what tax records, data to keep safe after submitting Income Tax Return (ITR).
This document covers
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.