Form 16 tds certificate details: Learn more on Form 16

Learn more on Form 16, 16A, 16B, 16C, 16D, 16E, 27D. TDS certificates are the certificates of deduction of tax at source by the employers or other than employers. These certificates provide the details of TDS/TCS for various transactions between the deductor and deductee. Form 16 is a certificate that employers issue to their salaried employees. It details the salary an employee earned and the tax deducted at source (TDS) by the employer during a financial year. The Income Tax Act, specifically Section 203, mandates employers to provide this certificate. Although a copy of this TDS Certificate is not required to be furnished at the time of filing of Income Tax Return, the details mentioned in Form 16 are required to be furnished in the Income Tax Return. This TDS Certificate is the most powerful proof of the Income of an Individual and the fact that the tax has been paid thereon. What is TDS Certificate? What is TDS forms - Form 16, Form 16A, Form 16B and 16C. How to download and verify TDS Certificate on TRACES site?