Query about form16

Query 1 :- Yes, you will get your tax refunded if your total income is below maximum amount not chargeable to tax i.e. 200000. In this case you will be required to file your Income Tax Return and claim refund in it.

Query 2 :- You will not be required to file income tax return if your total income is below 500000 subject to fulfillment of certain conditions as laid down in circular issued by CBDT. However if yours is a case of refund then you will be required to file Income Tax Return.

- Ruben Balooni