As per the Income Tax Act, 1961, it is mandatory to file an Income Tax Return (ITR) if your taxable income is more than the basic exemption limit. At this time, Form 16 plays a key role for salaried employees. This document contains all the necessary details about your salary, tax deductions, and payments made to the government by your employer.
The post 10 Essential Documents for Filing Returns Without Form 16 appeared first on Vanguard News.