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Am I required to keep a copy of the Income Tax Return filed as proof and for how long ?

Am I required to keep a copy of the Income Tax Return filed as proof and for how long ?

Yes, since legal proceedings under the Income-tax Act can be initiated up to 4 or 6 years (as the case may be) prior to the current financial year, you must maintain such documents at least for this period. However, in certain cases the proceedings can be initiated even after 6 years, hence, it is advised to preserve the copy of Income Tax Return as long as possible. Further, after introduction of the -filing facility, it is very easy and simple to maintain the copy of return of income. ​​

according to section 149 of Income tax act, the income tax department has the powers to issue notice to taxpayers for 7 (seven) years from the end of the Financial year. So, this would mean that if you have filed Income Tax Return for Financial Year 2019-20, then you must keep the related documents with you till the end of Financial Year 2026-27.

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Advocate Birbal Sharma

Education- M.Com, LL.B, DLL, LLM Practice Courts - Rajasthan High Court, Income Tax Appellate Tribunal and Intellectual Property Right Attorney Contact Number- 09785037216 Email ID-advocatebirbalsharma@gmail.com

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