Form 16 for ITR filing: Top points to check in Form 16 before filing your income tax return for FY 2023-24 – Times of India
Income Tax Return Filing FY 2023-24: By this time, most salaried employees should have received Form 16, the TDS certificate, from their employers. According to income tax regulations, employers are required to provide Form 16 to their employees by June 15. This document is crucial for salaried individuals when filing their income tax return (ITR).According to an ET report, Form 16 serves as a comprehensive record of an employee's total salary income earned during the previous financial year and the total tax deducted from their salary.The information contained in this TDS certificate is essential for easily filing ITR, making it important to ensure its accuracy. The income tax department currently offers pre-filled ITR forms online on the e-filing website incometaxindia.gov.in, which allo...