Let us tell you that while filing income tax return, you need some important documents as well. Form 16 is very important for salaried people while filing ITR. Form 16 is given to the employed by their office. However, it is observed that employees whose taxable income does not exceed the basic exemption limit do not receive Form 16 from their employers. Also, there may be other cases when they will not issue it.

ITR can be filed without Form 16

However, even if you do not have Form 16, you do not need to worry as you can still file your income tax return without it. Experts say that you can file your ITR even without Form 16. Form 16 gives the details of TDS and TCS between the deductor and the tax deductee. Apart from this, it also tells about the income received in the form of salary along with different allowances and deductions. As per the rule, companies, offices or employers have to issue Form 16 every year on or before 15th June.

Form 16 is in two parts

Explain that there are two parts of Form 16. In Part A, there are details about the monthly deduction of several taxes from the salary of the employees by the office or the company. Whereas in its Part B, along with the salary given by the office, there are details of any other income and the tax deducted on it. Let us now know how we can file ITR without Form 16.

How to file ITR without Form 16

If you do not have Form 16, you can file ITR through your salary slip along with Form 26AS. One can download Form 26AS from TRACES website or through net banking of authorized bank. The salary slip contains the details of all the tax deductions along with the salary.

Apart from this, taxpayers should also ascertain that the extra income, deduction claimed on HRA, deduction under section 80C and 80D and other details have also been calculated. Tax payers can file their income tax return without Form 16 if the gross income, total deduction and total TDS are the same as shown in Form 26AS.

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Form 16 is the most important document for salaried employees in India. It is provided by the employer to the employees along with details of Tax Deducted at Source (TDS) and salary component. As per the Income Tax rules, every employer has to issue Form 16 to the employees having income subject to TDS. However, there may be instances of non-issuance of Form 16. However, if Form 16 is not provided to a person, he can still file Income Tax Return (ITR).

Form 16

It is possible to file ITR without Form 16 as well. It has been confirmed by tax experts that it is possible to file Income Tax Return (ITR) without Form 16 for the assessment year 2023-24. While Form 16 is generally used by salaried employees to simplify the process. In the absence of Form 16, individuals can file their ITR using other documents like payment slips and Form 26AS along with investment records to claim the deduction.

How to file ITR without Form-16 for salaried individuals?

– Firstly all the salary slips or salary slips from the concerned financial year should be collected. These slips should contain comprehensive details of salary, allowances, deductions and other income components.

Second, the taxable income should be computed by considering all the components of salary including basic pay, allowances, perquisites, bonus etc. using the information obtained from the pay slips. Relevant deductions such as house rent allowance (HRA), standard deduction and professional tax should be deducted to arrive at taxable income.

Individuals should review their bank statements to identify any additional sources of income such as interest income, dividends, or any other form of income beyond their salary. These amounts should be included in computing taxable income.

Lastly, it is important to verify Form 26AS, which can be accessed through the Income Tax Department’s website. Form 26AS provides a consolidated statement of all taxes deducted and deposited against the PAN of the individual. It is necessary to ensure that the TDS details mentioned in Form 26AS match with the computed income details. If any discrepancies are found, the deductor, whether employer or bank, should be contacted to remove the discrepancies.

By following these steps and providing necessary supporting documents individuals can successfully file their ITR without relying on Form 16. Once the return is filed, remember to e-verify it. ITR filed without e-verification is incomplete and will not be considered for processing through the Income Tax Department.

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You must have PAN card, Aadhaar card, Form 16, bank account details and other income proofs to file ITR on the e-filing portal. Not only this, it is also necessary to have a link of PAN and Aadhaar to file ITR. Your e-mail ID should also be registered with the Income Tax Department. But, you might be surprised to know that in some cases a salaried individual can file ITR without Form 16 as well.

Form 16 is the document through which the employee gets the account of the entire taxable income. The salary of some employees does not come under the purview of income tax. In such a situation, the company does not issue Form 16 for them. In such a situation, if those employees want to file ITR, they can do so even without Form 16.

What is Form 16?

Form 16 is an important document for filing income tax. In this document, there is an accounting of the entire income of the person. From this it is known that how much money the person has spent in total. How much tax has been deducted. The information about TDS deducted in the financial year is also recorded and there is also information about investment. Income tax rules say, if a company deducts TDS on the salary of an employee, it is required to issue a TDS certificate.

Form 26AS will come in handy

if you do not have Form 16, then you can easily file ITR with the help of Form 26AS. Form 26AS contains information about TDS and TCS. Along with this, the details of the person’s advance tax and high value transactions are also there. Along with the details given in this, your salary slip, HRA slip, proof of investment made under Section 80C and 80D of Income Tax will also be required. If you have taken a home loan, then proof of the same will also have to be given at the time of filing ITR. With the help of all these, you can file income tax return even without Form 16.

Download Form 26AS like this

If your salary does not come under income tax but you want to file ITR, then you can download Form 26AS from the Income Tax website.

• Go to the e-file portal https://www.incometax.gov.in/iec/foportal/.
• Here My Account option will appear. In this, click on the View Form 26AS link.
• After this, select the assessment year in it and click on View Time.
• After that click on the download option. The form will be downloaded.

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