Get Home Loan Without Tax Returns | Home Loan Without Income Tax Return
It is very important for the each and every individual person to fill the income tax returns. Well there are various benefits as well as reasons are there hidden which tells you the importance of filling income tax returns. The time come sin a year when we thought to fill the returns of the Income tax.
Moreover, there are few important documents you must keep handy. Keep the essential documents along with you which are important under this process such as aadhaar, PAN Card, Bank details and other investment documents ready, when you file income tax returns. There are many people who want to file income tax as well as there are people who doesn’t file any income tax return, still they desire to Get Home Loan Without Tax Returns. In this article we will discuss about the same. Hence, in order to learn more about this go through the following article.
Get Home Loan Without Tax Returns:
There can be many methods through which you can gain loans without any tax returns. For that you need to follow these procedures.
Collect your payslips and figure out your Taxable Income:
Under this procedure you are required to provide your net salary status. This can be accomplished by giving all you payslips which you have been received from your employer during the time of the financial year. However, if you have switched one or more jobs in the financial year then you have to be sure you includes payslips from all employers you have worked for in the year. It is very important for you to contain the payslips of the organisations in which you have worked.
Your Tax Credit / 26-AS will help you find the exact Tax Deducted:
Under this procedure you are required to calculate the amount of the TDS which is been deducted from the employer over the year and match the amount mentioned on your form 26AS. Moreover, if you need the TDS amount actually deducted and the amount that is supposed to be deducted, contact your employer immediately and ask them to rectify the error.
Renting? Don’t lose out on HRA if you’re eligible:
There are many employers who have a house rent allowance (HRA) component in their salary. However, in order to claim the HRA deduction you must sub,it the receipt of your rent to your payroll department in advance. Moreover, if you have submitted
Many employees have a House Rent Allowance (HRA) component in their salary. To claim the HRA deduction, you must submit your rent receipts to your payroll department in advance. If you have not submitted the receipts to your employer, you can always claim it while filing. But if you are unsure about how to calculate HRA just contact clear tax and tax experts can help you.
Claim your Deductions:
The various number of investments are the tax deductible. You can easily keep your investment documents handy and compute the amounts eligible for deduction under sections 80C, 8oD and 8oE etc. However, when you are claiming for the provident funds. Be sure that you are only claiming for your contribution to the PF, and not your employers’ contribution.
Income from other sources:
If you are also earning some extra income which means earning with the help of your some extra job then you must also includes it under the taxable income. However, it can be possible that such sources of income may include interest earned on Fixed Deposits, income from rent on property owned by you etc.
Pay additional tax if necessary:
In any case if you have some doubt about the total tax paid by you in the financial year is less than what is actually payable then with the help of the Form 26 AS, pay the variance online you can check it.
Finally, File your Income Tax Return:
However, after insuring that the taxes paid by you match the taxes payable by you, go on to file your returns online. Clear Tax is the easiest way to e-File your Tax Returns online.