Tax Compliance
9 min read
February 15, 2025

Form 16 Explained: Complete Guide to TDS Certificate

Everything about Form 16, how to read it, and use it for ITR filing

What is Form 16?

Form 16 is a TDS certificate issued by employers showing salary paid and tax deducted during the financial year. It's essential for filing Income Tax Return.

Parts of Form 16

Form 16 has two distinct parts with different information

Part A
Employer & TDS Summary
  • Employer details - TAN, PAN, name, address
  • Employee details - PAN, name
  • Summary of tax deducted - Total TDS amount
  • Quarterly TDS deposits - Challan details with dates
Part B
Detailed Salary Computation
  • Detailed salary breakup - Basic, HRA, allowances
  • Allowances & exemptions - HRA, LTA, etc.
  • Deductions Chapter VIA - 80C, 80D, etc.
  • Tax calculation - Taxable income & TDS

Key Information in Form 16

Critical details you must verify in your Form 16

Gross Salary

Total salary including all allowances (basic + HRA + special allowance + bonus)

Exemptions Claimed

HRA, LTA, standard deduction, and other exempt allowances reducing gross salary

Deductions (80C, 80D, etc.)

Tax-saving investments declared to employer (PPF, ELSS, insurance, NPS)

Tax Deducted (TDS)

Total TDS deducted and deposited by employer throughout the year

When is Form 16 Issued?

How to Use Form 16 for ITR Filing

Step-by-step process to file your Income Tax Return using Form 16

1

Verify Details

Check PAN, salary amounts, deductions claimed, and total TDS deducted

2

Cross-check with Form 26AS/AIS

Ensure TDS shown in Form 16 is credited to your PAN in Form 26AS or AIS

3

Add Other Income

Include income from bank interest, capital gains, house property, or other sources not in Form 16

4

Claim Additional Deductions

Add investments made after declaration to employer or deductions not submitted earlier

5

File ITR & E-Verify

Use Form 16 data to fill salary income section, file ITR, and e-verify within 30 days

Common Mistakes to Avoid

Critical errors that can lead to incorrect tax filing or notices from IT Department

Filing ITR Before Receiving Form 16

Wait for Form 16 to ensure accurate TDS and salary details. Early filing may lead to mismatches.

Not Verifying TDS Credit in Form 26AS

Always cross-check TDS shown in Form 16 with Form 26AS/AIS. Mismatches can trigger notices.

Forgetting Income from Previous Employers

If you changed jobs, add income from previous employer(s) manually. Form 16 shows only current employer data.

Not Claiming Post-Form 16 Deductions

Form 16 issued in June won't have deductions made after March. Claim them separately in ITR.

What if Employer Doesn't Issue Form 16?

Emergency steps to file ITR without Form 16

Action Plan
Follow these steps if Form 16 is not provided
1

Request Form 16 in Writing

Send formal email/letter to HR demanding Form 16 by legal deadline

2

Check Form 26AS/AIS

Download TDS details from Income Tax portal - Form 26AS shows all TDS deposited against your PAN

3

Gather Alternative Proof

Collect salary slips, bank statements, and offer letter as supporting documents

4

File ITR Using Available Data

Use Form 26AS + salary slips to file ITR. Don't miss the ITR deadline waiting for Form 16

5

Report to Income Tax Department

File complaint on IT grievance portal if employer still doesn't comply

Need Help with ITR Filing?

Get expert assistance from CA Ashama Rajawat for accurate tax return filing, TDS verification, and maximizing your refund