What is Form 16 for Income Tax? With Auto Calculate Form 16 Part B for the F.Y.2021-22
What is Form 16 for Income Tax? Form 16 is nothing more than a certificate issued by your an organization providing information about the salary you received during the financial year and the amount of TDS withheld from your salary. In the event that the income from your annual salary exceeds the original withholding tax limit; then, […]
Form 16 Issuance to Employees | With Automated Income Tax Form 16 for the F.Y.2021-22
Form 16 Issuance to Employees | Form 16 is a certificate that employers issue to their employees. It is a validation that the TDS has been deducted and deposited with the government authorities on behalf of the employee of the organization. Form 16 gives a detailed summary of the salary paid to the employees and the deducted TDS. TDS Form […]
All about Income Tax Form 16 | With Auto Calculate Income Tax Form 16 for the F.Y.2021-22
All about Income Tax Form 16| Form 16 has all the details about the TDS deduction from your paycheck and is submitted to the government by the employer. Therefore, Form 16 is a commonly used income tax-related document in India, which is used when filing ITR. Form 16 is required financial documentation to apply for your ITR. Therefore, […]
Income tax exemptions under head salary| With Auto Calculate Income Tax Arrears Relief Calculator U/s 89(1) with Form 10 E for the F.Y.2022-23
Income tax exemptions under head salary | Income tax exemption below Rs.2.5 Lakh | Salary-Based Income Tax Exemption Individuals who choose to tax income under the new tax regime will not be able to take advantage of some of the popular exemptions under the Income Tax Act, 1961. For the new tax system U/s 115 […]