Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Microsoft's president meets with the Chinese government to discuss A.I. co-operation

    December 7, 2023

    Suella Braverman urges Rishi Sunak to 'change course' over Rwanda bill

    December 7, 2023

    Four to watch: Struggling rookie, two veteran skill players among keys

    December 7, 2023
    Facebook Twitter LinkedIn
    Trending
    • Microsoft's president meets with the Chinese government to discuss A.I. co-operation
    • Suella Braverman urges Rishi Sunak to 'change course' over Rwanda bill
    • Four to watch: Struggling rookie, two veteran skill players among keys
    • McDonald's to test new coffee shop-style stores
    • Israel vowed to eliminate Hamas and its 25,000 fighters – can it be done?
    • World-first trial finds arthritis drug may help treat type 1 diabetes
    • Heavy rain set to hit many parts of UK – as Met Office issues warnings
    • US actors' union hails 'enormous victory' as it ratifies deal that ended strike
    Facebook Twitter LinkedIn
    Business KhabarBusiness Khabar
    • World
    • Auto
    • Business
      • Industries
      • Opinion
    • Market
    • Money
      • Finance
      • Insurance
      • Investment
      • Schemes
    • Sports
    • Other
      • Stories
      • Career
      • Entrepreneurship
      • Property
    Business KhabarBusiness Khabar
    Home » File ITR without Form 16, these 5 documents will be required
    Business

    File ITR without Form 16, these 5 documents will be required

    Archana SharmaBy Archana SharmaAugust 24, 2020Updated:August 24, 2020No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    File ITR without Form 16, these 5 documents will be required
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • File ITR without Form 16: Form 26AS will help in filling tax, do the calculation
    • See how much tax is being deducted through monthly payslip

    File ITR without Form 16

    Taxes are collected annually from the employees and businessmen by the central government. This is called income tax or income tax. Income from income tax is used in the development of the country and facilities provided to the public. Common people have to pay this tax once a year. Although the return is filed through Form 16, if you want to avoid this mess, then we will tell you the easy way through which you can file income tax returns without Form 16.

    Monthly salary slip

    Without income tax return form 16, submit your monthly salary slip. Payslip contains the necessary details related to salary. If you have changed jobs in the middle, then fill the payslip details of both the companies. While calculating salary, keep in mind that the salary you get is deducted from your PF TDS, Profession Tax.

    Form 26AS

    The total tax details of salary deductions from the company can be seen through Form 26AS. Mix the details given in it with your salary slip and check whether the tax is correctly deducted or not. After this, file the tax by calculating the return.

    Tax exemption opportunity

    If you are in a job, you get many such allowances, which you can save tax by claiming. Such as HRA, LTA, Education Allowance etc. In this case, use the relevant document while filling the ITR. There are many such investments on which tax is deducted under section 80C. According to the scheme, you can get a tax rebate of up to Rs 1,50,000 on the amount you invest.

    Rent agreement

    If you are earning from other things. Like- If you have rented the house, then copy the rent agreement to get tax exemption on the income from it. Also, photocopy your identity card and monthly income. Apart from this, if you have taken a housing loan, then do not forget to show the interest given on it, money received from small scale industries, etc. under the total taxable income.

    Calculate tax

    Remove your net taxable income. For this, deduct your total earnings from your total deducted money. Now whatever data is left is your total taxable income. Now according to the income tax slab rate, find out how much tax you will have to pay. If there is a difference in your calculation, according to Form 26A, you should pay the remaining tax amount to the Income Tax Department on your behalf. Doing so will not require Form 16.

     

    https%3A%2F%2Fwww.patrika.com%2Ffinance-news%2Fknow-how-to-file-income-tax-return-without-form-16-here-easy-process-6358791%2F
    #File #ITR #Form #documents #required

    Finance news Finance news News Finance news News in Hindi Finance news Samachar Form 16 and Form 16A how to file income tax return for last 3 years Income Tax return Income Tax Returns Filing Income Tax Returns News ITR form
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Archana Sharma
    • Website

    Related Posts

    McDonald's to test new coffee shop-style stores

    December 7, 2023

    From Toyota Fortuner Hybrid to 2024 Renault Duster; These Cars are Coming to India Soon

    December 7, 2023

    Cash use grows for first time in 10 years as people pay closer attention to household budgets

    December 7, 2023
    Top Post

    Cash use grows for first time in 10 years as people pay closer attention to household budgets

    December 7, 2023

    Ticker: Steward plans to close hospital in Stoughton; Delta expects strong Christmas travel 

    December 7, 2023

    Baker touts proposal to pay top tier NCAA athletes

    December 7, 2023

    Secure a better seat! The ultimate guide to getting upgraded on Delta flights

    December 7, 2023
    Don't Miss
    World

    Govt aims to cut teacher workloads by five hours a week with new taskforce

    By Business KhabarSeptember 18, 2023

    A brand new authorities taskforce is aiming to chop each instructor’s workload by 5 hours…

    Industries

    HMRC failing to collect £42bn in taxes – MPs say windfall could fix 'black hole' in UK's finances

    By Business KhabarJanuary 11, 2023

    Billions of kilos that could possibly be spent on fixing public providers and filling the…

    Share Market

    Reliance Industries share value hits all-time excessive, jumps over 7% in 5 days; right here’s what’s fuelling the rally

    By Business KhabarApril 23, 2022

    RIL share value rose over 2 per cent to a contemporary document excessive of Rs…

    Tech

    Reality’s first tablet is coming, these amazing features will be available with very beautiful design

    By Damini SharmaJuly 11, 2021

    Reality is very excited about these products. The company has said that, it is launching…

    About Us
    About Us

    Business Khabar: Read latest business news, auto news, technology news, personal finance, industries news, investment & insurance news, startups & success stories.

    We're accepting new partnerships right now.

    Email Us: [email protected]

    Facebook Twitter LinkedIn
    In Case You Missed

    McDonald's to test new coffee shop-style stores

    December 7, 2023

    From Toyota Fortuner Hybrid to 2024 Renault Duster; These Cars are Coming to India Soon

    December 7, 2023

    Cash use grows for first time in 10 years as people pay closer attention to household budgets

    December 7, 2023
    Last Minute Read

    Financial literacy is on the rise for high school students

    December 6, 2023

    Cash vs. accrual accounting: Differences, pros, and cons of both

    December 6, 2023

    Mortgage rates tumble as bond markets see lower Fed rates by early spring

    December 6, 2023
    Facebook Twitter LinkedIn
    • About us
    • Contact
    • Contribute for us
    • Privacy Policy
    • Disclaimer
    © 2023 Business Khabar. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.