If your company does not provide you with the Form 16, you can submit the income tax return using these alternatives.

Mumbai: As tax filing season for FY 2024-25 begins, salaried employees must deal with various documents and deadlines. But one document stands out—Form 16. It’s not just a tax certificate but a ...

If you are a salaried employee and filing your Income Tax Return (ITR) for the first time, then you must have heard of Form ...

Deductions missed in Form 16 can still be claimed while filing ITR.

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 ...

Why is Form 16 necessary? Since Form 16 has a detailed breakup of your salary, it helps you immeasurably while filing your income tax return. You will get your salary information (segment-wise) from ...

Salaried individuals must compare Form 16 with Form 26AS to avoid TDS mismatches. Verify PAN accuracy and report all income sources in ITRs to prevent tax notices.

Income tax laws mandate that a TDS certificate must be issued within 15 days from the due date for filing the TDS return by the deductor.

ITR filing 2024: Form 16 is the base for your ITR. It includes your taxable income, exemptions under section 10, deductions under chapter VIA, deduction on housing loan interest paid under section ...

Form 16 is not limited to filing Income Tax Returns (ITR). It is a powerful proof of income used in loan applications, VISA processes, credit card approvals, and job changes.

Form 16 is a key document for salaried individuals in while filing Income Tax Returns (ITR). It acts as proof of income, tax paid, and simplifies the entire tax filing process.

If you are a salaried employee filing your Income Tax Return (ITR) for the first time, you have likely come across Form 16.