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News &Viewsfrom the Valley of Utica Published by Yahnundahsis Bodies, A.A.S.R. Mar Apr 2016Volume 52 Issue 4The 16th, 24th and 29th Degrees Notice is hereby given to all members holding the thirty-second
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What is form 16th 24th and?
Form 16 is a certificate that employers issue to their employees which provides details of the salary paid to the employee and the TDS deducted on it. Form 24 is a TDS certificate for income other than salary.
Who is required to file form 16th 24th and?
Employers are required to issue Form 16 to their employees and deductors are required to issue Form 24 to the deductee.
How to fill out form 16th 24th and?
Form 16 is filled out by the employer and Form 24 is filled out by the deductor. Both forms require details of income and tax deducted at source.
What is the purpose of form 16th 24th and?
The purpose of Form 16 is to provide employees with details of their salary income and TDS deducted, while the purpose of Form 24 is to provide details of TDS on income other than salary.
What information must be reported on form 16th 24th and?
Form 16 must contain details of salary paid, TDS deducted, and other allowances. Form 24 must contain details of TDS on income other than salary.
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