What is the Difference between Form 16 and Form 16A?
1.Form 16 is a certificate stating the details of tax deducted at source from taxable salary income.
2.Form 16A is a certificate stating the details of tax deducted at source from non-salary earnings
Form 16 / 16A is the certificate of deduction of tax at source and issued on deduction of tax by the employer on behalf of the employees. These certificates provide details of TDS / TCS for various transactions between deductor and deductee. It is mandatory to issue these certificates to Tax Payers.
Form 16 is for salaried employees. Form 16A is for business vendors.
Welcome to our community