Salaried individuals who file income tax returns annually should take note of key changes introduced by the Income Tax Department in the format of Form 16—the document that outlines salary, tax ...

As the new financial year has already started from April 1, taxpayers across the country are gearing up to file their Income Tax Returns (ITR) for the previous year. The Income Tax Department is ...

ITR Filing: The last date for filing the Income Tax Return,, ITR) is approaching. If you are employed and are preparing to file ITR for Assessment Year 2025-26 for the financial year 2024-25, then it ...

As tax season approaches, Form 16 becomes an indispensable tool for the salaried, ensuring they have all the necessary details for tax filing. A certificate issued under Section 203 of the Income tax ...

Form 16 contains details of salary income, deductions, and exemptions. Illustration: Uttam Ghosh/Rediff.com Form 16 plays a crucial role in accurate filing of income-tax returns (ITR) by taxpayers.

If tax is deducted by your employer during the financial year, Form 16 is the form given by your company, which contains all the details of your income from salary and also tax paid to the income tax ...

What is Form 16: Form 16 is a TDS certificate that salaried taxpayers need to file their income tax return (ITR). It's an important document that proves that the government has received the tax ...

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 ...

Income Tax Return Filing FY 2023-24: To ensure the authenticity of Form 16, it must bear the TRACES logo on both Part A and Part B. Salaried individuals should verify that they have received both ...

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 ...