Form 16 is the TDS certificate issued by the employer to employee at the end of the financial year, form 26AS is Tax credit ...

CA Ruchika Bhagat, managing director of Neeraj Bhagat & Co, shares insights about the Form 16, especially Digital Form 16: ...

Form 26AS, generated by the Income Tax Department, provides a consolidated view of all tax credits linked to the taxpayer's ...

Filing income tax returns (ITR) can often seem confusing, especially for salaried employees unsure about their income details ...

Mumbai: Many salaried people are still waiting to file their Income Tax Return (ITR) because they haven’t received Form 16 yet. Good news – as per the income tax rules, Form 16 must be given to ...

So, if your salary is below these limits and no TDS was deducted, the employer may not issue Form 16. WHAT’S INSIDE FORM 16? When it comes to filing your ITR, Form 16 plays a key role. CA Surana said, ...

Form 16 is an important TDS certificate for filing an income tax return (ITR). The form has all the details of your salary during the financial year, deductions, exemptions that an employee has ...

June 2025, marks the implementation of various financial rules such as the EPFO 3.0 system for quick withdrawals, new TDS ...

Hence, for example, Income of a non-resident from operation of ships is taxable @ 7.5 percent of the gross receipts under ...

ITAT Delhi held that disallowance of expenditure on adhoc basis without contrary material and without rejection of books of accounts not justifiable. Accordingly, disallowance made in the impugned ...

Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes ...