Afraid of taxman post-demonetisation? Keeping these documents handy will help

Here's a list of the documents you should keep handy in case you get a call from the tax department:

1. Copy of acknowledgement of filed tax return
2. Form 16 and Form 12BA (annual withholding tax certificate) issued by the employer
3. Monthly salary slips and proof of all expenses reimbursed by your employer
4. Proof of all deductions/exemptions claimed in your tax return
5. Copy of statement of bank accounts with explanation to all major debit and credit items
6. Copy of credit card statements. Please establish a link with the source of income used for payment of your credit card bills. The taxman is more interested in whether you have shown that income in your tax return
7. Details of your foreign trips and assets held outside India
8. Supporting documents relating to the assets and investments – including purchase of immovable property
9. Copies of rent agreement/lease deed if you have rental income and receipt of municipal tax
10. Interest certificate issued by the lending institution for home loan
11. Details of loans/gifts taken or received