About this plan
This plan is crafted for salaried individuals with income from one employer and additional minor income sources, such as bank interest, rental/self-occupied house property, and agriculture income up to ₹5,000.
If you are a salaried person with a simple income structure, this plan ensures accurate ITR filing, maximum deductions, and quick refund processing, all while staying 100% compliant with the latest tax laws.
Services Included
- Review of Form 16
- Calculation of total income including: Salary income Income from one house property (self-occupied or let-out) Interest income from savings, FD, or other sources Agricultural income up to ₹5,000
- Application of all eligible deductions (80C, 80D, HRA, etc.)
- TDS reconciliation using Form 26AS
- E-verification of return
- Final ITR acknowledgment shared
- Calculation as per both the Tax Regime and selection of one which is best for you
Who Should Buy
How It's Done
This plan is equipped with end-to-end online fulfillment via our expert. No hassle, 100% Digital.
3 Days Estimate
- Upload Documents on Vault
- Review computation sheet
- Get ITR-V after e-filing
Documents Required
FAQs
What is Form 16?
- Form 16 is a certificate issued by your employer that provides details of your salary income and the TDS (Tax Deducted at Source) deducted and deposited with the government.
Who can file ITR using a single Form 16?
Any salaried individual who has received income from one employer during the financial year and has a single Form 16 can file ITR using this document.
Which ITR form should be used for filing with a single Form 16?
Generally, ITR-1 (Sahaj) is applicable if your total income includes:
- Salary/pension
- One house property (not on rent or let out)
- Other income (like interest from savings account or FD)
And your total income does not exceed ₹50 lakhs.
What are the documents required for filing ITR with Form 16?
- Form 16 (downloaded from TRACES)
- PAN and Aadhaar
- Bank account details
- Details of interest income from bank or FDs
- Investment proofs (if not fully declared to employer)
- Form 26AS or AIS for tax credit verification
Can I claim deductions not mentioned in Form 16?
Yes, you can claim additional deductions (like 80D for medical insurance, 80G for donations, etc.) if you have valid proof, even if they are not included in Form 16.
Is it necessary to file ITR if tax has already been deducted by employer?
Yes, if your total income exceeds the basic exemption limit (₹2.5 lakhs for most individuals), you must file ITR, even if full TDS is already deducted.
Can I file ITR if there is a mismatch in Form 16 and Form 26AS?
You should first verify and reconcile the mismatch. If the employer has not deposited TDS properly, follow up with them. Do not ignore the mismatch, as it may lead to a tax notice.
How can I file ITR using a single Form 16?
You can file ITR:
- On the Income Tax Department’s e-filing portal https://www.incometax.gov.in
- Through a tax expert or platform like TaxSmooth for expert-assisted and error-free filing.
What is the deadline for filing ITR for salaried individuals?
Generally, 31st July of the assessment year is the due date for filing ITR for salaried individuals. However, for the Financial Year 2024–25 (Assessment Year 2025–26), the due date has been extended to 15th September 2025.
What happens if I miss the ITR filing deadline?
You can still file a belated return (with late fees) before 31st December of the assessment year. However, certain benefits like carrying forward losses are lost, and you may also face penalties.
What if I changed jobs during the year and have multiple Form 16s?
In that case, you will need to combine income from both employers and file your ITR accordingly. It will no longer be considered a “single Form 16” case.
Do I need to manually enter data from Form 16 into the ITR portal?
If you’re filing manually, yes. But the Income Tax portal also allows pre-filled ITRs, which automatically import Form 16 data (if the employer has uploaded it correctly).
Will I get a refund if excess TDS was deducted?
Yes. If your employer has deducted more TDS than your actual tax liability, you can claim a refund while filing your ITR. The refund will be processed by the Income Tax Department directly into your bank account.
What if there are errors in my Form 16?
You must immediately contact your employer and request a corrected Form 16. Filing ITR with incorrect Form 16 may lead to discrepancies and income tax notices.
Can I file ITR if I don’t have Form 16?
Yes. Even without Form 16, you can still file your ITR using your salary slips, bank statements, and Form 26AS to estimate your income and TDS.
Is e-verification of the ITR necessary after filing?
Yes. After filing, you must verify your ITR within 30 days (either digitally via Aadhaar OTP, net banking, or by sending a signed ITR-V to CPC Bengaluru). Only then will your ITR be processed.
Will the Income Tax Department contact me after filing the ITR?
If there are no discrepancies or issues, the department generally won’t contact you. However, you might receive a 143(1) intimation confirming your return or indicating any mismatch.