What is Form 16?

Form 16 is a TDS certificate issued to the employer for getting salary and tax deducted at source (TDS) for the financial year, and it is an important form to fill out your Income tax returns.

Yes, it is compulsory to fill the Form 16 for the TDS deduction, so you can: 



• To compute taxes. 
• For any refunds or overpaid taxes. 
• To check your tax liabilities. 
• Check for any discrepancies. 

No, you cannot fill an ITR with Form 16, as it contains essential information of the employer. You will require a Form 16 to fill out your ITR, and mention the information given below in your ITR in your Form 16 Part A and B. 

• Name, PAN, and TAN of the employer with address. 
• Salary statements show the deductions, gross salary, allowances, and basic salary. 



All your documents and other essential documents for the proof of investments. 

Form 16 is the TDS certificate, which is issued by the employer at the time of deductions of the TDS. Whenever an employer deducts TDS from their income, they will require a Form 16, which they can get from their TRACES account by online downloading or get a soft copy. Employers can also get their Form 16 from the outsourced online platforms.