Now that June 15 is behind us, employees should have received Form 16 from their employers. This is the key document that will pave the way for the return-filing process. Though the due date for ...

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 ...

When it comes to Income Tax Return (ITR) filling, many taxpayers gets confused about which form to use. Most of the taxpayers rely on Form 16 provided by the employers to file their ITR. However, in ...

ITR filing: Form 16, a crucial document for salaried taxpayers, is issued by employers, detailing TDS on salary. It contains vital information like employer/employee details, income earned, and ...

Form 16 is a certificate issued by the employer to the employee receiving a salary and the salary received and tax deducted at source (TDS) for a financial year. It is essentially a document that ...

July 31, 2024, is the deadline for submitting Income Tax Returns (ITRs) for the Assessment Year (AY) 2024–2025. Before submitting their ITRs, salaried employees wait to receive Form 16 from their ...

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 ...

Salaried individuals who file income tax returns annually should take note of key changes introduced by the Income Tax Department in the format of Form 16—the document that outlines salary, tax ...

Filing Income Tax Returns (ITR) can seem tricky for salaried individuals, but Form 16 makes the process much easier. Issued by your employer, it includes details of your salary and tax deductions.

The Income Tax Department has released all income tax return (ITR) forms for the assessment year 2025–26. However, salaried individuals may need to wait until mid-June to submit their returns. This ...

Form 16 is a certificate issued under section 203 of the IT Act, 1961 by the employer and is proof of the TDS deducted by the employer. While Form 16 is issued against salary income, form 16A is ...

The new financial year has already started on April 1 and if you are getting ready to file your Income Tax Return (ITR) for the year gone by, there's something important you need to know. The Income ...