Form 16 is a crucial document for salaried employees in India, particularly as the income tax return (ITR) filing season for ...
Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...
To claim the LTA exemption without Form 16, you must appropriately declare it in your Income Tax Return (ITR). According to ...
The CBDT circular has been issued on 20 February 2025, and it will be applicable to the tax returns of the financial year 2024-25 (i.e. assessment year 2025-26).
At this time, Form 16 plays a key role for salaried employees. This document contains all the necessary details about your salary, tax deductions, and payments made to the government by your employer.