Form 16A
Form 16A is a certificate of tax deduction at source (TDS) by an employer, which shows the amount of tax deducted at source, the nature of payment, and the tax deposited with the IT department on income other than salaries. Form 16A shows TDS deductions made and deposited on all other income except salary.
The basic difference between Form 16 and Form 16A is that the former reflects deductions made from salary, and the latter shows deductions on income other than salary. Form 16 is usually issued annually, while the latter is issued quarterly.
What Form 16A Consists Of
The Form 16A certificate is issued by employers and carries the following:
- Name, TAN, and PAN of the employer who deducts tax
- Amount paid, nature, and date of payment
- Receipt No. of TDS payment
What Form 16 Consists Of
The Form 16 usually carries details like names and permanent account numbers of the deductor and the deductees, TAN of the employer, acknowledgment about how much tax is paid, detailed break-off salary like gross and net incomes, Education Cess and surcharges, balance tax refundable to employees or payable by them, and tax payment particulars like challan number or cheque/DD number, etc.