26as & form 16a/16

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KAMINI K. LOTHE

KAMINI K. LOTHE (Querist)
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04 July 2014 Differnce between them?

Deepti Asawa

Deepti Asawa (Expert)
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04 July 2014 1. Form 16 or 16A are provided by employer to employee as a proof of tax deduction. At the end of the financial year, tax payers file their income tax returns (ITR) from the income tax details provided in form 16 or 16A.
On the other side, as a part of e-governance, tax payer is provided 26AS annual statement showing his total TDS deducted during the year.

2.Form 16A/16 contain only detail of tds deducted while 26as has total tax credit available to an assessee including tds on salaries, non salary, tax deposited i.e. Self asst tax adv tax tcs and refunds.

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