How to Read Form 16

Form 16: It is a TDS Certificate certifying the amount of TDS deducted, Nature of Payments and the TDS payment deposited with the Income Tax Department. Form 16A is issued for TDS deducted on Salary. For TDS details refer Part A of the Form 16.

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  Form 16A: It is a TDS Certificate certifying the amount of TDS deducted, Nature of Payments and the TDS payment deposited with the Income Tax Department. Form 16A is issued for TDS deducted other than Salary.

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  Step 1: After logging into the I-T website, click on tab named ‘e-File’ and select ’Income Tax Forms’. Step 2: Then select Form No. 10E from the drop down as given below. Step 3: Select the Assessment Year and fill the submission mode as “Prepare and ...

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  Form 16 is a certificate issued by your employer that contains the TDS which is deducted from your salary and deposited with the authorities. It also includes the other income sources of the employee and is issued every quarter. It contains all the ...

• What is form 15G/15H?

  Form 15G and Form 15H are forms you can submit to make sure TDS is not deducted on your income subject to certain conditions. Form 15H is for those who are above 60 years of age; while Form 15G is for others. These forms are valid for one financial ...