How to File ITR Without Form 16: The monetary 12 months 2023-24 has began. In such a scenario, now the time for submitting earnings tax return has come again. Salaried class individuals usually use Form 16 to file ITR in India, however in lots of instances individuals can file earnings tax return with out Form 16 as nicely. Form 16 is such a doc by which the account of the complete taxable earnings of the worker might be obtained. It has been seen many occasions that the wage of some staff doesn’t come underneath taxable earnings. In such a scenario, the corporate doesn’t subject Form 16 for them. In this case, you may file ITR with out Form 16 as nicely.

What is Form 16?

Form 16 is a crucial doc for submitting earnings tax. In this doc, the account of the complete earnings of the particular person is stored. From this it’s identified that how a lot cash the particular person has spent in complete. How a lot tax has been deducted and TDS info can be obtainable within the monetary 12 months. In this, details about your investments and so on. can be recorded.

ITR might be filed by Form 26AS-

If you would not have Form 16, you will get details about your TDS and TCS by Form 26AS. In this way, details about the particular person’s advance tax and excessive worth transactions is offered. Apart from this, you additionally have to have wage slip, HRA slip, proof of funding underneath Section 80C and 80D of Income Tax and so on. Along with this, additionally, you will need to deposit the proof of your house mortgage and so on. After this you may simply file earnings tax return with out Form 16.

How to obtain Form 26AS-

• If your wage doesn’t come underneath earnings tax however you wish to file ITR, you may obtain Form 26AS from the Income Tax web site.
• For this, click on on the e-file portal https://www.incometax.gov.in/iec/foportal/.
• Next you will note My Account possibility, click on on View Form 26AS hyperlink.
• After this, choose the evaluation 12 months in it and click on on View Time.
• After that click on on the obtain possibility and this way can be downloaded.

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