BW Businessworld in it’s series of Personal Finance explains the form 16 which is a tax document that contains all information required to file your tax return. It’s a proof that TDS has been deducted from your salary and is issued on a yearly basis.
The form has been classified in two parts A and B. Part A of form 16 contains your Name, Address, PAN and Tan of you and your employer whereas part B gives you your total taxable income.
