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UNDER THE HIGH PATRONAGE OF HIS SERENE HIGHNESS PRINCE ALBERT II OF MONACO 16TH EDITION SUPERCAR SHOW TECHNIC AL MANUAL SPONSORED BY30 MAY 03 JUNE 2019 GRIMALDI FORUM MONACO 1 / 19-PAGE WWW.TOPMARQUESMONACO.COMCONTENTP03
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Form 16th edition is a certificate issued by employers in India, summarizing the TDS (Tax Deducted at Source) deducted from an employee's salary.
Employers are required to issue Form 16 to their employees who are subject to TDS deductions on their salary.
Form 16 must be filled out by providing details such as the employee's PAN, the amount paid, TDS deducted, and other necessary particulars as per the format prescribed by the Income Tax Department.
The purpose of Form 16 is to serve as proof of the income earned by an employee and the taxes deducted thereon, which the employee can use to file their income tax returns.
Form 16 must report details such as the employer's name and address, employee's name and PAN, salary paid, TDS deducted, and the assessment year.
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