Think Form 16 is too hard to understand? You aren’t even sure what Form 16 is? Don’t worry, we’ll break it down for you. Once you’re done with this article, you won’t be confused anymore.
This year’s tax season is behind us, but the question marks surrounding the filing process have in no way eased. Many taxpayers still nurse doubts about the purpose and use of Form 16. Let’s get some frequently asked question out of the way.
The Central Board of Direct Taxes (CBDT) released new ITR forms for the financial year 2017-18 for taxpayers. Find out what has changed in these forms here.