ITR Filing: Have you deposited money in the post office? Keep these documents ready before filing ITR..

ITR Filing: If you deposit money in the post office and file Income Tax Return (ITR), then there is some important news for you. To file ITR, you need a special document called an Interest Certificate. This certificate tells how much interest has been deposited in your post office account in the previous financial year or the current year.

This document is very important because without it, your tax liability or tax refund calculation will not be correct. By giving the correct information of interest, you can avoid tax-related mistakes and get the correct refund.

How to get an interest certificate?

The good thing is that now it has become very easy to get this interest certificate. All you have to do is go to the post office's internet banking website (ebanking.indiapost.gov.in).

You can easily download the interest certificate by logging in with your user ID and password.

If you have not started internet banking yet, then don't worry.

You should visit your nearest post office branch where the CBS (Core Banking System) facility is available.

You can start internet banking by filling out an application form there.

After this, you can download the certificate from your smartphone or computer, sitting at home.

After logging in, you can easily get the interest certificate related to your post office savings account, term deposit (FD), recurring deposit (RD), or any other scheme.

This certificate can be downloaded for the previous and current financial years.

You can save it in PDF format and then upload it online while filing ITR, or print and submit it if needed.

The benefits of this certificate
This certificate correctly reflects your interest income, which is necessary to show under 'Income from Other Sources' in the tax return.

Earlier, one had to go to the post office to get the interest certificate, but now this work is done in just a few minutes. The facility of internet banking has made it so easy that you do not need to stand in long queues or visit the post office again and again. Just check your account details, log in and download the certificate.

This facility is especially beneficial for those who invest in post office schemes, such as Senior Citizen Savings Scheme, National Savings Certificate or Kisan Vikas Patra.

So, if you are preparing to file ITR, first open the post office website on your smartphone and download the interest certificate. This small step can save you from the hassle of tax filing and will help in keeping your refund correct.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.