itr filing

What is Form 16? How to download Form 16 to file income tax return (ITR)

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Form 16 is a certificate issued by an employer under section 203 of the Income-tax Act, 1961, which pertains to the deduction of tax at source (TDS) from the income earned as salary during a financial year. The employer provides it to show the tax deducted from the employee’s salary, which is then deposited with … Read more

What is AIS, how to download it and how it helps taxpayers in ITR filing?

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Before AIS, form 26AS served, for many years, as a consolidated tax statement offering a comprehensive overview of a taxpayer’s transactions encompassing details such as TDS, TCS, advance tax and self-assessment tax. In 2019, the tax department extended the usage of AIS by introducing the facility of pre-filled tax returns based on the information already … Read more