Salaried taxpayers preparing to file their Income Tax Return (ITR) for AY 2025-26, with a deadline of September 15, 2025, ...

Form 16 Structure Form 16 consists of two parts. Part A contains the details of the employer and employee, along with a summary of the tax deducted and deposited with the government.

Form 16 has two parts Part A: This part includes the name and address of the employer and employee, their PAN and TAN numbers, and how much TDS (Tax Deducted at Source) was deducted.

Importance of Form 16 It’s important for the employees to check all the details regarding salary and tax deducted at source (TDS) after receiving the Form 16 to avoid any discrepancy. The form is ...

Form 16 A provides a summary of the tax deductions undertaken by the employer on behalf of the employee, which are then reported to the Income Tax Department. Form 27D is a quarterly statement ...

ITR Filling 2025: Thanks to digitisation, accessing and using Form 16 for filing one’s returns has become more straightforward and convenient.

Part B of Form 16 has a detailed summary of the salary, allowances, deductions and net taxable income of the employee. It also has information about any other sources of income and tax computations.

ITR Filing FY 2023-24: Form 16 outlines the amount of tax deducted at source (TDS) from the salary of an employee and deposited with the government against their PAN. It also includes investment ...

The deductors who opt to authenticate Part B of Form No. 16 using Digital Signature Certificate (DSC) will be provided with the download of Part B of Form No. 16 without item nos. 2 (f) and 10 (k) and ...

Part B of Form 16 can be issued by each employer or just the last employer, depending on your preference. According to current rules, employers must issue Form 16 by June 15 each year.