Form 16 is a very important document for salaried people during income tax return (ITR) filing. It shows how much salary you earned and how much tax was deducted by your employer. Every year, ...

Form 16 plays a crucial part in the filing of income tax by the salaried class. It contains the details of the Tax Deducted at Source (TDS) and provides a summary of salary and taxes deducted ...

ITR filing FY 2024-25: Salaried taxpayers preparing to file their Income Tax Return (ITR) for AY 2025-26, with a deadline of September 15, 2025, should have their Form 16 ready. This form, ...

What is Form 16: Form 16 is a TDS certificate that salaried taxpayers need to file their income tax return (ITR). It's an important document that proves that the government has received the tax ...

One can reduce their taxes by furnishing these forms in their ITR filing. Also TDS can be claimed from the Income Tax department. From the looks of the new Forms it can be said that, claims under ...