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The 16 t Nairobi, KENYA Wed 21st Fri 23rd MARCH 2018 Host Sponsor:Radisson Blu Hotel, Nairobi Upper Hill, Nairobi (Kenya)CALL FOR PAPERS Submission Deadline Wednesday 29th November 2017 On the occasion
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How to fill out form 16 t h
How to fill out Form 16 T H:
01
Start by downloading Form 16 T H from the Income Tax Department's official website.
02
Ensure that the form is downloaded for the correct assessment year.
03
Fill out your personal information accurately, including your name, permanent account number (PAN), address, and contact details.
04
Provide details about your employer, such as their name, address, and tax deduction account number (TAN).
05
Enter your salary details for the applicable financial year, including basic pay, allowances, perquisites, and any other income earned from employment.
06
Calculate the total income and tax payable by referring to your salary slip and relevant documentation.
07
Fill out details of any deductions or exemptions you are eligible for under sections 10 to 80 of the Income Tax Act.
08
Mention any other income earned during the year, such as rental income or interest income.
09
Declare any taxes paid by the employer on your behalf, such as TDS (Tax Deducted at Source).
10
Verify all the information provided, ensuring its accuracy and completeness.
11
Sign and date the form before submitting it to your employer.
Who needs Form 16 T H:
01
Salaried employees who have received a salary from their employer during the financial year.
02
Individuals who have had taxes deducted at source from their salary.
03
Employees who want to claim deductions or exemptions under the Income Tax Act.
04
Individuals who need to file their income tax returns and require a document verifying their income and taxes paid.
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What is form 16 t h?
Form 16 is a certificate issued by employers to their employees. It provides details of the salary paid and the TDS (Tax Deducted at Source) deducted.
Who is required to file form 16 t h?
Employers are required to file form 16 for their employees.
How to fill out form 16 t h?
Form 16 is filled out by the employer and handed over to the employee. Employees do not have to fill out form 16 themselves.
What is the purpose of form 16 t h?
Form 16 serves as proof that TDS has been deducted from the employee's salary. It also helps employees file their income tax returns.
What information must be reported on form 16 t h?
Form 16 must include details of the employee's salary, TDS deducted, any other income, and taxes paid.
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