How To File ITR Without Form 16? Alternative Documents And Steps

Updated on: 29 Aug 2024

To file ITR without Form 16, you need to replace the missing document with alternative paperwork. Filing ITR before the due date is mandatory for all citizens of India earning over the taxable threshold limit. This is also important for avoiding penalties past the due date.

Incomplete documentation is one of the common reasons for missing the deadlines. If you do not have Form 16, you should know the documents you can attach instead. Read on to know complete information on filing ITR without Form 16.

Understanding Form 16

This is an important document for salaried employees for annual income tax return filing. It includes all the deductions of the employee as well as total taxable income, appearing as a vital document for calculating returns.

Also Read: What is ITR & its Importance?

It has two parts. Part A focuses on tax deducted at source (TDS) from your salary. This includes:

Personal details such as name and address
PAN and TAN details of employee and employer
Employment period
TDS deduction and relevant details

The following is the list of details included in part B of the form:

Net annual salary
Dearness allowance
Rent allowance

In addition, it includes taxable deductions under the following sections of the Income Tax Act:

Section 80C
Section 80CCD
Section 80CCC
Section 80G
Section 80D

Also Read: Types of ITR Forms in India

When the Employer Does Not Issue Form 16

All employees must issue Form 16 to their staff for tax filing if they have deducted tax at source. In case they have paid TDS to the government but have not issued the form, a penalty of ₹100 applies every day to the employer or company.

It is only when an employer has not deducted TDS, that they do not provide Form 16 to their employee. In such a situation, you can apply with other valid documents.

Alternative Documents for Filing ITR

The following are acceptable if you want to file ITR without Form 16.

Salary slips for the assessment year
Bank statements for the same
Proof of house rent allowance
Proof of leave travel allowance
TDS certificate from the bank
Home and education loan payment certificates
Proof of investment for deduction
Form 26AS

Step-by-step Guide to Filing ITR Without Form 16

Here are the steps on how to file an IT return without Form 16:

Step 1: Collect all the Documents

Start by collecting all the documents relevant to ITR filing for the particular financial year. You can ask your employer for a pay slip to compute your total salary. Even if you have switched jobs, collect all the relevant documents of your salary from your current and past employer.

Step 2: Calculate Annual Income

Using all the pay slips, calculate the total income earned during the financial year. Make sure to include income from other sources, such as rent, interest from investments, dividends, etc.

Step 3: Find the TDS Figures

In the next step, you should determine if there has been any tax deduction on your income. If your bank or issuer has made any deduction, you can find the details on the certificate.

Step 4: Check for Deductions or Exemptions

If you are paying premiums for health insurance, have an ongoing home loan, or are investing in a long-term deposit, then you can claim deductions. Checking the applicable deductions and exemptions allows you to save tax.

Step 5: Claim Your Deductions

Depending on the applicable section, you can claim tax deductions up to a specified limit on your total income.

Step 6: Know Your Payable Taxes

After calculating your total taxable income and removing the deductions, the next step is to compute the total payable tax.

Step 7: File ITR

Once you have an estimated taxable income and valid documents as proof, you can simply file your ITR on the income tax website.

Also Read: Personal Loan Without ITR

With regular ITR filing, you not only comply with the law but can also enjoy many benefits as it serves as valid proof of income. It also includes your address and other relevant details which helps to get a faster approval on credit applications.

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FAQs on ITR Without Form 16

Without Form 16, can I file ITR?

Yes, by providing another document as proof for calculating the payable income tax you can file your returns.

What happens if Form 16 is not given by the employer?

In such cases, the most common question that comes to mind is, ‘Can I file ITR without Form 16?’ The answer is yes. You can opt for alternative documents to provide income and deduction proof and file your ITR.