Business Description
Form 16 is provided to you by your employer in the case of your earnings surpassing the minimum tax exemption limit. If it is the case, then tax deducted at source (TDS) is deposited with the income tax department by your employer.
AllIndiaITR helps you upload Form 16 and gives you further assistance via our tax experts.
When you upload Form 16, it means you are verifying your income-related details that are provided by your employer with the income tax department and the amount of tax already deposited. There are two parts here - Part A and Part B. Part A includes information about the employee and employer, such as name, address, PAN and TAN details, duration of employment, TDS deducted amount, etc. Part B covers details of salary paid, other earnings, permitted deductions, tax payable, etc.
