Скачать или смотреть Why are Form 16 and Form 26 AS important? | ITR Filing | ClearTax Tax Talks

To file your income tax return, it is vital to know why Form 16 and Form 26AS is important.

Form 16 is a TDS certificate which an employer provides his employee every financial year.

Form 16 has 2 parts—Part A and Part B. Part A contains details, such as tax deducted from salary by the employer, Permanent Account Number (PAN) of the employee, and TAN of the employer. Similarly, Part B consists of information about salary break-ups including exemption allowances and perquisites.

Form 26AS is a consolidated tax statement for a financial year. You can download this form from the TRACES website. It includes details on all the taxes that have been deposited against your PAN.

To know more, click on these links:

https://cleartax.in/s/what-is-form-16

https://cleartax.in/s/view-form-26as-...

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