The Income Tax the department has revised Form-16 by adding various details, including income from house property and remuneration received from other employers, thereby making it more comprehensive to help check tax avoidance. It will also include segregated information regarding deductions under various tax saving schemes, investments in tax savings instruments, different allowances received by … Continue reading Revised Format of Income Tax Form 16 With Automated Master of Form 16 Part B with Form 12 BA for F.Y. 2019-20