Multiple choice general knowledge

Which are documents will be helpful while filing tax returns for salaried professionals?

  1. Form 16 alone

  2. Form 26 AS alone

  3. Form 16 and Form 26 AS

  4. none of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Form 16 is the TDS certificate issued by your employer showing salary details and tax deducted. Form 26AS is your consolidated tax credit statement showing all taxes deposited against your PAN. Both documents are essential for salaried professionals to file accurate tax returns and verify tax credits.