Learn how Form 16 of income tax makes your ITR accurate, hassle-free, and refund-ready. Know what’s included, why it matters, ...

Good news – as per the income tax rules, Form 16 must be given to employees between June 1 and June 15. The last date for companies to file TDS (Tax Deducted at Source) returns is May 31.

Since the reimbursements were taxed at the withholding stage and a tax was deducted at source by the employer, you may ...