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Income-Certificate

Income Certificate

Income Certificate – Application Procedure

Income Certificate is a document issued by the Village Administrative Officer that would have to be produced before the State Government for availing various subsidies and schemes like eScholarship. In the case of income certificate must be produced before the Central Government Departments the concerned Tahsildar will be the authority to issue the Income Certificate. Some of the common reasons for obtaining Income Certificate are:

  • For availing fee concession in Education Institution.
  • For securing seats in the quota reserved in professional colleges of the Socially and Economically Backward classes.
  • For obtaining loans from Government Departments, Kerala Financial Corporation, etc. for various purposes.
  • For getting different kinds of pension such as Old Age Pension, Widow Pension, Agricultural Labourers Pension, Pension for T.B Patients, Leprosy Patients, Cancer Patients, etc.
  • For getting financial aid available to the Ex-Servicemen.
  • For getting the loan available to the SC or ST for different purposes.
  • For getting the relief of the natural calamities victims.
  • For getting the artificial limb, cycle, etc., supplied to the physically handicapped persons.
  • For getting free ration etc.

Calculating Income

While providing an income certificate, the income of the family would be assessed. The family would consist of the applicant, his or her parents, unmarried brothers, and sisters or dependent unmarried sons and daughters living together in the same house and widowed daughters actually dependant on the family.

Income would mean the regular income actually earned by the family members.  The income of unmarried daughters and unmarried brothers and sisters can be reckoned for calculating family income. Include the income of the members of the family living together for calculating. However, the following incomes will not be included:

  1. The income of widows daughter or sister.
  2. Terminal benefits.
  3. Surrender leave salary.
  4. Festival allowance.
  5. Family pension.

Income from Salary

Salary income excluding H.R.A., Special pay, Deputation pay, Allowances, etc., will be reckoned for calculating total income. T.A., P.T.A., honorarium for special work, etc. will be excluded for calculating salary income. For calculating the total income it includes the D.A.

Income from Pension

The amount excluding the amount of commutation will be taken into account for the purpose of Income Certificate. The payment pension order is the basis for assessing the pension.

Income from Business

This can be assessed on the basis of the income tax return filed. In the cases of non-assesses, the Income Certificate will be issued on the basis of a declaration filed by the persons concerned. In the case of non-assesses Income Certificate will be issued on the basis of the declaration filed by the applicant.

Income from Property

The income from the property includes the income from produce viz. coconut etc. The value of improvements on landed property will be calculated on the basis of the principles adopted for the purpose of land acquisition.

Income from Rented Buildings

The income on this account will be calculated deducting the annual maintenance charges.

Income Certificate Application

To obtain Income Certificate in Tamilnadu, complete the following application and attach the following documents:

  • Attested copy of Ration Card of the applicant
  • Residence proof (ration card, passport or bank passbook)
  • Age proof (birth certificate or school certificate)
  • Income details (affidavit from a notary, salary slip or Monthly Salary Certificate)

The Taluka office or VAO receives the completed application and documents with a fee of Rs.50 for the issue of Income Certificate.

On issuance, an income certificate would be valid for the purposes for which it was issued for a period of two years or for the term of the course. However, if the certificate was obtained fraudulently, that is by willfully suppressing the actual income or willfully giving false income, the income certificate would be canceled.

Income Certificate Application

 

Other Related Guides

Form 64A Form 64A - Income Tax Statement of income distributed by a business trust to be furnished under section 115UA of the Income-tax Act,1961.
Form 10-IA Form 10-IA - Income Tax Certificate of the medical authority for certifying ‘person with disability’, ‘severe disability’, ‘autism’, ‘cerebral palsy’...
Form 2B Form 2B - Income Tax Income tax Form 2B is used for filing return of income for block assessment.
Form 37EE Form 37EE - Income Tax Statement to be registered with the competent authority under section 269AB(2) of the Income-tax Act, 1961
ITR-4 Form AY2018-19 ITR-4 Form AY2018-19 Form ITR-4 for AY2018-19 or FY2017-18 has been released by the Government. ITR-4 is applicable for taxpayers who have opted to b...

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