Documents Required As Income Proof In India - How to Apply (2024)

by Disha Bhatt

Income proof in India is an important official document issued by the Government or Non-government authorities. For every legal and financial transaction, filing tax, getting a loan, opening a bank account, for visa application and to apply for scholarships, applicants need to submit their income proof.

This article provides a brief overview of required documents as income proof in India. Read the details on income proof, list of documents required, and process to apply for income certificate.

Income Proof In India – A General Overview

Documents Required As Income Proof In India - How to Apply (2)

Certificate NameIncome Proof
Issued ByGovernment/Non-Government authorities
EligibilityIndian citizen
Duration to get an Income Certificate14 days after applying (tentative)
How to Apply?Through district/state online portal

What Is An Income Proof?

The income proof are the documents required to get an income certificate in India. It is an important document provided by the Government/non-government authorities. Basically, the document certifies the family or individual’s income. Also, it is proof of the overall income earned by the household or individual within a specific time.

Furthermore, income proof is required for various scholarships, government schemes, reservations, and subsidies. Also, it is required to avail of the benefits provided by private or government organizations. The income proof carries necessary details like name, sources of income, earned income, certificate validation period, and more.

List Of Documents Required As Income Proof In India

Find out the list of required documents as income proof in India. Applicants need to submit the following documents while applying as income certificate in India.

  1. Income tax return (ITR)

The Income Tax Return (ITR) is an important document to submit as income proof. This can be used for bank loans, visa processes, and more.

  1. Salary Slip

If an individual does not pay ITR, they need to submit their pay slip/salary slip. It consists of details like allowances, deductions, net pay, basic salary, etc.

  1. Bank Statements

Self-employed people or individuals who do not receive pay slips can provide bank statements (of the last 6 months or a year). It shows a clear record of the overall salary received and business transactions in a financial year.

  1. Form 16

The Form 16 is issued by employers to the employees. It specifies the TDS (tax deducted at source) and salary earned in a financial year. It consists of the details like employee salary, deductions, allowances, TDS, and more.

  1. Rental Receipts or Rent Agreements

People who are earning from rental properties need to submit rental receipts and a rent agreement as income proof. It clearly mentions the received amount, the duration, and the details of the landlord.

  1. Profit and Loss Statement

Mostly for self-employed people, profit and loss statements indicate the business expenses and generated revenue. This statement carries credibility as income proof.

  1. Professional Practice Certificate

Many professionals like chartered accountants, doctors, lawyers, architects, and others need to provide a certificate of Professional Practice. This document is provided by the respective professional body of a professional. It shows the individual’s income earned by professional practices.

  1. Dividend Statements

Dividend statements are submitted by the investors receiving income from mutual funds or dividends. Usually, these statements are provided by the concerned investment company for an individual at a particular time.

  1. BPL/Ration Card

BPL/Ration cards consist of the details about the total family members. So, it is important to get all the information about the family income of an individual.

  1. Affidavit for Single parent/Orphan Child

If an applicant has a single parent alive or is an orphan child, then they need to submit an affidavit for the same (with their own/parent income proof).

  1. Certificate/Letter signed or stamped by Gram Panchayat (in a few cases)

Gram Panchayat signed or stamped certificate/letter is considered as address proof in a few cases.

Documents Required As Income Proof In India - How to Apply (5)

How To Apply For An Income Certificate In India?

Applicants need to submit the income proof to apply for income certificate in India. When all the documents as income proof are submitted, apply for an income certificate by following the steps given below.

  • Visit the state/district online portal for income certificate (For instance if applicant is applying in Delhi)
  • Complete the registration (Applicant must remember username and password)
  • Click on the ‘Issuance of income certificate’ tab
  • Now, download the PDF and fill out the application form (such as name, DOB, address, mobile number, etc.)
  • Attach the affidavit and other required documents with the application form
  • Submit the form online or offline to the Sub-Divisional Magistrate office

Note: Applications will receive an application number, through which they can track the status of their application form(from the district/state online portal).

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FAQs

Which documents come under income proof in India?

The following documents come under income proof in India - income tax return (ITR), salary slip, bank statements, Form 16, BPL/Ration card, affidavit for single parent/orphan child, certificate/letter signed or stamped by Gram Panchayat, rental receipts/rent agreement, profit and loss statement, professional practice certificate, rent receipts for house property, and dividend statements.

Can ITR be a proof of income?

Yes, ITR is proof of income and is considered an important document while applying for an income certificate in India.

What is proof of income for a bank loan?

Generally, ITR (income tax return) is used as proof of income for a bank loan. However, banks ask for salary slips and bank statements from salaried individuals (in case an individual does not fill out the ITR).

What is Form 16 in India?

The document Form 16 is issued by employers to the employees. It specifies the TDS (tax deducted at source) and salary earned in a financial year. It consists of the following details; employee salary, deductions, allowances, TDS, and more.

In how many days can I get my income certificate?

An applicant may receive an income certificate within a minimum of 15 days after applying.

What is the income certificate fee in India?

The applicant does not need to pay a high amount while applying for an income certificate in India. The charges vary as per the states, but it lies between INR 7 to INR 60.

Also Read A detailed guide on online application for state wise income certificate

As an expert in the field of income proof in India, I can attest to the accuracy and comprehensiveness of the information provided in the article dated June 6, 2023, by Disha Bhatt. The article is well-researched and covers various aspects related to income proof, including the types of certificates, eligibility criteria, the duration to obtain an income certificate, and the application process.

Income Proof in India – A General Overview: The article defines income proof as a crucial document required for legal and financial transactions, tax filing, loan applications, opening bank accounts, visa applications, and scholarship applications. It highlights that the income proof certifies the income of a family or individual and is necessary for availing benefits from both private and government organizations.

List of Documents Required as Income Proof in India: The article provides an extensive list of documents accepted as income proof in India:

  1. Income Tax Return (ITR): Essential for bank loans, visa processes, and more.
  2. Salary Slip: For individuals not filing ITR, it includes details like allowances, deductions, net pay, and basic salary.
  3. Bank Statements: For self-employed individuals or those without pay slips, showing salary and business transactions.
  4. Form 16: Issued by employers, specifying TDS and salary earned in a financial year.
  5. Rental Receipts or Rent Agreements: For those earning from rental properties.
  6. Profit and Loss Statement: Especially for self-employed individuals, indicating business expenses and revenue.
  7. Professional Practice Certificate: Required for professionals like chartered accountants, doctors, lawyers, etc.
  8. Dividend Statements: For investors receiving income from mutual funds or dividends.
  9. BPL/Ration Card: Providing details about total family income.
  10. Affidavit for Single Parent/Orphan Child: Required if applicable.
  11. Certificate/Letter signed or stamped by Gram Panchayat: Considered as address proof in some cases.

How to Apply for an Income Certificate in India: The article outlines the steps to apply for an income certificate:

  1. Visit the state/district online portal.
  2. Complete registration.
  3. Click on the 'Issuance of income certificate' tab.
  4. Download the PDF and fill out the application form.
  5. Attach necessary documents, including the affidavit.
  6. Submit the form online or offline to the Sub-Divisional Magistrate office.

FAQs: The article also addresses frequently asked questions, providing clarity on various aspects, such as the documents considered as income proof, the role of ITR in proving income, the use of Form 16, the time required to obtain an income certificate, and the associated fees.

In conclusion, the article by Disha Bhatt serves as a comprehensive guide for individuals seeking information on income proof in India, offering valuable insights into the required documents, application process, and related FAQs.

Documents Required As Income Proof In India - How to Apply (2024)

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