What is Form 16? It is actually a certificate that issued by employer to their employees. Know everything about Form 16, check their types, Parts and Eligibility & Benefits to file ITR with Form 16. Income tax form 16 is also known as the ?salary certificate? as it contains all the financial detail of the employee such as annual salary and investments details with PAN number as given by the employee itself. In short, Form 16 is the proof of tax deducted and deposited to the government by the employer on behalf of his/her employees.
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