Form 16

Tax & Deductions

Form 16 is a TDS certificate issued by employer certifying salary paid and tax deducted during the financial year. The primary document for filing income tax return for salaried individuals.

In detail

Part A: TDS details (government deposit, employer/employee PAN). Part B: salary breakup, deductions, net taxable income. Employer must issue by June 15. Use it to pre-fill ITR on income tax portal in minutes.

Real-life example

🇮🇳 India example

Shreya's Form 16: salary Rs 12L, deductions (HRA + 80C + 80D) Rs 3.75L, taxable income Rs 8.25L, TDS deducted Rs 78,500, balance tax Rs 1,375. Files ITR in 5 minutes using pre-filled data.

Frequently asked questions

Do I need Form 16 to file ITR? ▼

Not mandatory -- AIS (Annual Information Statement) on income tax portal shows all income and TDS. But Form 16 simplifies and verifies the figures.