Form 16 contains details of salary income, deductions, and exemptions. Illustration: Uttam Ghosh/Rediff.com Form 16 plays a crucial role in accurate filing of income-tax returns (ITR) by taxpayers.

ITR filing FY 2024-25: The last date to file your Income Tax Return (ITR) for AY 2025-26 is approaching. This year the Income Tax Department has extended the ITR filing deadline to September 15, 2025.

ITR Filing FY2024: The Income Tax filing is just a month away and most salaried taxpayers have got into action after getting their Form 16 last week. Employers deducting tax under Sections 192-195 ...

Form 16 is important for ITR filing as it is a TDS certificate issued by the employer with all the details of the tax deductions for a salaried taxpayer. Form 16 is an important document for salaried ...

Form 16 AY 2023-24: Salaried employees will receive Form 16 this month from their employers. Form 16 contains details of tax deducted at source (TDS) by the employer on behalf of the employee. Apart ...

Form 16 download, mistake correction before ITR filing for AY 2023-24: The payroll departments of companies have started mailing their employees about the availability of Form 16 for FY 2022-23. It is ...

Form 16 holds significant importance for employed individuals in India during the income tax filing process. It includes comprehensive information such as salary details, claimed deductions, and the ...

Form 16 is the certificate issued by an employer in India that summarises the salary paid to an employee and the taxes withheld on such salary.(Photo by Romain Dancre on Unsplash ) Q. I am a ...

If tax is deducted by your employer during the financial year, Form 16 is the form given by your company, which contains all the details of your income from salary and also tax paid to the income tax ...

Mumbai: Many salaried people are still waiting to file their Income Tax Return (ITR) because they haven’t received Form 16 yet. Good news – as per the income tax rules, Form 16 must be given to ...

An income tax return form is used to file information about income and tax to the Income Tax Department. Here we talk all about what Form 16 is, what are Part A and Part B of Form 16, and what things ...