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    Essential Documents for Business Owners Filing Income Tax for FY 2024-2025 (Period     01/04/2024 to 31/03/2025)

    As a business owner, having all required documents ready before filing your Income Tax Return (ITR) is     critical for smooth compliance and avoiding penalties. Here's a simplified and comprehensive checklist     specifically tailored for your business tax filing:

    Income-Related Documents:

• Bank Statements:
1. All business bank account statements from 01/04/2024 to 31/03/2025
• Sales and Purchases Records:
1. Sales invoices
2. Purchase bills and invoices

    Expense-Related Documents:

• Utility Bills:
1. Electricity, internet, phone bills
• Rental Documents:
1. Rental agreement
2. Rent receipts (if applicable)
• Salary Details:
1. Employee salary records

    Investment and Savings Documents:

• Proof of Investments:
1. Mutual funds, bonds, insurance premiums, and other eligible deductions under Section 80C, 80D, etc.

    Additional Important Documents:

• Loan Statement:
1. Complete loan statement details for the financial year
• Property Transactions:
1. Documents detailing property or shop bought/sold during the financial year
• Capital Gains Report:
1. Capital gain statement if trading in shares & Mutual funds,

    Contact Alliance Tax Experts for Assistance:

    Call/WhatsApp: 9769201316
    Email: alliancetaxexperts@gmail.com

    Regards,

    Santosh Patil