All About Form 16 | What is Form 16, Components & Importance?
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7 سال پیش
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In this video, we have explained all about Form 16 - what it is, what are its components and its importance.
Form 16 is a certificate under section 203 of Income Tax Act that provides details about the tax amount that has been deducted by your employer.
Moreover, it also contains the details of your Salary, Other Incomes and Tax benefits available and availed by you in last financial year. It has detailed information about the manner of calculating income as per the income tax laws and tax payable on it.
Edit: 7th June, 2017: The last date for the employers to furnish the Form 16 has been extended to June 15. Earlier as per the income tax rules, the last date by which the employers were supposed to furnish the Form 16 to the employees was May 31 of every year.
Find us on Social Media and stay connected:
Facebook Page - Facebook: InvestYadnya
Facebook Group - https://goo.gl/y57Qcr
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In this video, we have explained all about Form 16 - what it is, what are its components and its importance.
Form 16 is a certificate under section 203 of Income Tax Act that provides details about the tax amount that has been deducted by your employer.
Moreover, it also contains the details of your Salary, Other Incomes and Tax benefits available and availed by you in last financial year. It has detailed information about the manner of calculating income as per the income tax laws and tax payable on it.
Edit: 7th June, 2017: The last date for the employers to furnish the Form 16 has been extended to June 15. Earlier as per the income tax rules, the last date by which the employers were supposed to furnish the Form 16 to the employees was May 31 of every year.
Find us on Social Media and stay connected:
Facebook Page - Facebook: InvestYadnya
Facebook Group - https://goo.gl/y57Qcr
Twitter - Twitter: InvestYadnya
7 سال پیش
در تاریخ 1396/01/29 منتشر شده
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