Question

Fill in the blank with suitable word: 
______ is issued by the employer as proof of tax deducted by them only on income from employee’s salary.

• A. Form 26AS
• B. Form 15H
• C. Form 15G
• D. Form 16

Hint:

Form 16 provides a detailed statement of the TDS deducted and can be used to file income tax returns.

Answer 1

The Correct Option is D

Form 16 is issued by the employer as proof of tax deducted at source (TDS) on an employee's salary. It is an important document for filing income tax returns.