Everything You Need to Know About Form 16 for Salaried Employees

July 6, 2024 ⚊ 1 Min read ⚊ Views 23 ⚊ BUSINESS

Form 16 is a crucial certificate which is issued under Section 203 of the Income Tax Act of 1961. This certificate is issued by employers to the salaried individuals working under them. This form serves as an acknowledgment that states that an employee’s deducted tax has been deposited by the employer with the Income Tax Department.

Read details: https://www.registrationwala.com/knowledge-base/news-other-businesses/blog/what-is-form-16-for-salaried-employees

Tags: ITRForm16, Registrationwala, TaxAct

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