Form 16 is a certificate issued under section 203 of the IT Act, 1961 by the employer and is proof of the TDS deducted by the employer. While Form 16 is issued against salary income, form 16A is ...

TRACES is a Web-based application set up by the TDS Centralised Processing Cell of the Tax Department to facilitate swift interaction between the deductor, deductee, the department and CPC. TRACES, or ...

These are Form 16 , Form 16A and Form 26AS. While all these documents contain details of taxes paid during the year either by way of TDS or by way of advance or self assessment, it is important to ...

Soon the tax filing season for AY 2015-16 will be upon us. If you are a salaried individual, Form 16 is a vital document to get to file your income tax return. Another important document is your Form ...

Employers provide Form 16 to their employees towards the end of May or before mid-June every year. Form 16 is basically a certificate issued by the companies to prove that taxes have been deducted and ...

The relevant form for such TDS certificate is Form 16A (to be issued quarterly) in case of tax deduction from payments other than salary. Further, details of tax deducted will appear in your Form 26AS ...

The Reserve Bank in a notification said that it has been brought to its notice that some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to ...