Quick Summary: Form 16 Gap Analyzer

A Form 16 Gap Analyzer identifies discrepancies between the TDS deducted by your employer and your final tax liability after accounting for other income and late-declared deductions. In FY 2026-27, it helps you determine if you are eligible for a tax refund or if you need to pay additional self-assessment tax before filing your ITR.

How to use the Form 16 Gap Analyzer

  1. Enter Form 16 Data

    Input the total tax deducted and taxable salary from Part A and Part B of your Form 16.

  2. Add Other Income

    Input interest income, rental income, or capital gains not included in Form 16.

  3. Input Missed Deductions

    Enter tax-saving investments you made but failed to declare to your employer.

  4. Review Gap Report

    See if you have a refund due or an outstanding tax balance.

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Regulatory Disclaimer · FY 2026-27

Last verified May 2026

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.