It is mandatory to file income tax return online for salaried employee?
Filing of income tax return requires a lot of documents. It is very important to sequence things when you are filing income tax return online.
- The ITR Form Required To Filed By A Salaried Person
For salaried employees, e-filing is one of the easiest and convenient ways to do so. The form that you have to use is ITR-1 also called as Sahaj. Before you do so, it is very important for you to ask about Form 16 from your employer. Form 16 provides all the information about your salary breakup. ITR-1 is a simple one-page form that contains all the breakup of your income and the taxes levied by you.
- How To Do The E-Filing Of Income Tax Return Online
There are certain perquisites that are required before you file for your income tax online. All the salaried employees are required PAN card, from 16 which is given to you by your employer and form 26AS that will entail any tax deductions. You can then register online with your email id and your phone number for e-filing.
- Is It Important To Have Form 16 For Filing For Income Tax Return Online?
For all the salaried employees in the country, form 16 is the document to the TDS certificate that helps you to process of filing of your ITR. However, it is not mandatory to have form 16 for ITR filing. In case you do not have it, you can still pay your ITR with the help of your salary slips.
- Can I Get Form 16 Even If My Income Is Not Taxable?
Yes, you can still get From 16 from your employer because it is a TDS certificate that tells about all the tax deducted from your salary.
We are living in the world where it has become essential to have the knowledge about the latest changes and your rights. Hope the above mentioned will help you in a right way.