Form 16: TDS Certificate of Salary Income
Form 16 is a salary TDS certificate, which is issued to a salaried employee, whose salary is liable for TDS deduction every year.
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TDS On Salary
Form 16 is a salary TDS certificate, which is issued to a salaried employee, whose salary is liable for TDS deduction every year.
When an employer pays salary to an employee, the employer is required to deduct TDS u/s 192. The employer has to file a salary TDS return in form 24Q, which needs to be submitted on a quarterly basis.
Section 192 says that every person who is responsible for paying any income chargeable “Under The Head Salary” is required to deduct TDS