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of <h1>Form 16: Certificate Under Section 203 on TDS for Salary, Pension, or Interest Income with Detailed Tax Information</h1> Form 16 is a certificate issued under Section 203 of the Income-tax Act, 1961, detailing tax deducted at source (TDS) on salary, pension, or interest income for employees and specified senior citizens. It includes Part A, which contains details of tax deducted and deposited with the government, and Part B, which outlines salary details, exemptions, deductions, and taxable income. The form requires verification by the person responsible for tax deduction. Government and non-government deductors must provide specific information, and the form is updated periodically to reflect changes in tax regulations.
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