ITR without form 16: How to File ITR return without form 16, know details

ITR without form 16: If you have left the job from any company without following the conditions, then you will not get Form 16 from the company. Whereas Form 16 is very important for filling ITR.

In such a situation, we are telling you the easy way through which you can fill ITR without Form 16. Form 16 is an important document for filing ITR. This shows how much your gross salary is. If for any reason your company has closed the sacks. If you have left the company without following the terms of the company, then you will not get Form 16 from the company.

In such a situation, the question arises that how to fill ITR (How To File ITR) without Form 16? There is no need to put much emphasis on the mind for this. There are just a few easy steps that you just have to follow.

Keep Salary Slip

If you do not have Form 16, then first you have to collect all your salary slips. From this you will know the gross income. Before filing ITR, it should be clearly understood that in your net taxable income, only your contribution towards PF is included in it, the contribution of PF given by the company is not. To know the taxable income, you have to deduct all types of investments and deductions from your gross income.

View tax in salary slip

Now you have salary slip. In such a situation, your next step will be to see Form 26. From this TDS calculation is seen. It contains information about TDS on your salary. Now the point to be noted here is that the amount of tax which is in your salary slip and what is appearing in Form 26AS should be same.

If the figures are not the same, then once help can be taken from the old company. So that it can be known that why different tax is showing in salary and in Form 26AS.

Claim the discount as

if you have invested somewhere, then fill it in the form. You can claim tax exemption under section 80C on investments up to Rs 1.5 lakh. Claim tax exemption on health insurance under section 80D. Apart from this, any other investment or expenditure has been made, on which tax exemption can be given.

After doing all this, taxable income will come in front of you. You calculate tax on it and fill it. If you have already paid more tax then it will come back after filing ITR. The calculation of the amount of tax to be paid will automatically be reflected in the ITR form. Keep in mind that after filling ITR, do e-verification.