InvestorQ : When will I get my Form 16?
Akansha Shivdasani made post

When will I get my Form 16?

Moii Chavate answered.
3 years ago

Form 16 is a certificate, which has the details of the tax deducted at source (TDS), that an employer prepares for every employee. This form contains the information needed for an individual to file his taxes.

Form 16 comes in handy when you are filing your income tax returns as it helps you calculate how much tax you have already paid and how much is due.

Form 16 is issued annually, on or before June 15th of the next year and immediately follows the financial year in which tax is deducted.