The Form 16 is a crucial tax sheet that includes all the necessary details required for an employee to file their Income Tax Returns (ITR). Employers are required to provide Form 16 to their employees ...

Form 16/ 16A is the declaration of tax deduction at source provided by the employer on behalf of the employees. Form 16 is released yearly for the preceding fiscal year, generally before the end of ...

ITR Filing for AY26: When will it start? The Central Board of Direct Taxes (CBDT) typically releases the relevant ITR forms in the first few months of the financial year. For AY 2025–26 (FY 2024–25), ...

Income Tax Return filing for Assessment Year 2023-24: Form 16 makes it easy for salaried employees to file their Income Tax Return (ITR). It contains details of your income and tax deductions made by ...

First of all, an individual should check the tax slab he/she comes under, depending on his/her income. One is advised to consolidate all pay slips and calculate the taxable income. Find out the exact ...

As the income tax filing season approaches, salaried individuals across India gear up to submit their returns, with Form 16 playing a crucial role in the process. Issued by employers, Form 16 ...

How to file ITR without Form 16: Form 16 is the most important document for salaried employees in India. It is provided by the employer to employees with details of tax deducted at source (TDS) and ...

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 ...

Income Tax Filing 2025: ITR-2 and ITR-3 Forms Activated — Know Who Should Use These and What’s New This Year In a significant update for taxpayers, the Income Tax Department has activated the Excel ...

Form 16 is a document which a salaried employee gets from his/her employer containing tax deducted at source and the salary break-up. It is mandatory for every employer to provide their employees with ...

Form 16 makes it simple for salaried workers to document their Income Tax Return (ITR). It contains subtleties about your pay and tax deductions made by the business in the financial year. However, ...

The taxpayer shall verify his/her PAN with the one mentioned in the form as incorrect PAN shall lead to exclusion of the deducted tax from Form 26AS and accordingly the taxpayer shall not be entitled ...