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(377)C H I T A M B A E A M C H E T T Y t. VAxwvAOAJ×I. 1002. C. R., Colombo, November 1720,716. Promissory designing of blank printed format of payee to fill up strictly in accordance with the authority

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What is c h i t?

C h i t stands for Certificate of Head of Institution Tax deduction, commonly referred to as Form 16.

Who is required to file c h i t?

Employers are required to file c h i t for their employees who have income from salary.

How to fill out c h i t?

C h i t is filled out by the employer and provided to the employee as a statement of their income and tax deducted.

What is the purpose of c h i t?

The purpose of c h i t is to provide employees with information on their income, tax deductions, and help them in filing their income tax returns.

What information must be reported on c h i t?

C h i t must include details such as income from salary, deductions under various sections of the Income Tax Act, and tax deducted at source.

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