Form 16: First-timer? Here's All You Need to Know About it

Form 16 is divided into two parts: Form 16 (A) and Form 16 (B).
Part A contains details like your name and address of the employer, PAN and TAN number, amount of tax deducted and TDS deposited with the government.
Part B contains a detailed breakup of your salary, exemptions under Section 10, deductions under Chapter VI-A and your net taxable income.
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