TDS certificate is to be issued by each deductor who is deducting income tax and to be furnished to the person from whose income / payment the Income tax has been deducted. The TDS certificate should specify the amount of tax deducted and the rate at which it has been deducted. Its significance to the government lies in the fact that it propones the collection of tax, ensures a … [Read more...] about What is TDS Certificate -Form 16 or 16A
Form 16A
How to Download Form 16 and Form 16A from TRACE Portal
Downloading Form 16 and 16A is mandatory as per the recent changes to income tax rule, 1962. After downloading, a deductor will be able to issue it to the deductee. Process of Downloading and Creating Form 16 and 16A in PDF Deductor has to register on TRACES Portal After logging into the portal you need to click on the Form 16 and 16A section under the download … [Read more...] about How to Download Form 16 and Form 16A from TRACE Portal