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Department of Housing and Public Workforce 15Compliance certificate for building design or Version 4 July 2017 specification NOTE: This is to be used for the purposes of section 10 of the Building

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What is form 15 and 16?

Form 15 is a declaration form used to provide details for tax exemption on certain payments, while Form 16 is a certificate issued by an employer to employees that contains the details of salary paid and TDS deducted.

Who is required to file form 15 and 16?

Form 15 must be submitted by individuals or entities seeking to claim exemptions on certain payments, while Form 16 is required to be issued by employers to their employees who are subject to TDS.

How to fill out form 15 and 16?

Form 15 requires the individual to provide personal details, the purpose of exemption, and the relevant financial details. Form 16 is filled out by the employer, including employee details, salary information, and TDS figures.

What is the purpose of form 15 and 16?

The purpose of Form 15 is to claim exemption from TDS on certain incomes, while Form 16 serves as proof of income and tax deducted for employees, facilitating their income tax return filing.

What information must be reported on form 15 and 16?

Form 15 requires personal identification and financial details related to the exemptions sought, while Form 16 includes details like employee name, PAN, salary, TDS deduction figures, and employer's details.

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