The ITR Filing is an important annual tax-related exercise must for all taxpayers. Taxpayers need to furnish many documents to support their tax claims as mentioned in the Income Tax Act. For all ...

New Form 16 Download: If you're a salaried employee, you've likely come across Form 16 while filing your income tax return. It's a key document that serves as proof that your employer has deducted and ...

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 ...

Once the threshold interest limit crosses, 10 per cent TDS becomes applicable, which the bank/institution cuts and deposits with the Income Tax Department. Interests on fixed deposit (FD) are fully ...

Many salaried employees are waiting to receive Form 16, a TDS Certificate, from their employer. Form 16 is an important TDS certificate that contains details of the salary income paid to the employee ...

1. To ensure generation of accurate TDS certificate in Part B of Form No. 16, the deductor(s) need to report correct data in Annexure II of Form 24Q. The TRACES generated Form No. 16 shall have a ...

To obtain Form 16 digitally, employees or employers can visit the official TRACES portal. As the income tax filing season approaches, salaried individuals across India gear up to submit their returns, ...

The deadline for filing the Income Tax Return (ITR) is fast approaching, thus, explaining the vulnerability to making mistakes while rushing through important details about income and its various ...