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Form No 16A- What You Need to Know
May 10 , 2013

Similar to form 16 which is a record of tax deducted at source on salary, form 16A is the document applicable to tax deducted on all other sources. Read below for details on income tax form 16A.

What is form 16A?

Form 16A is a certificate reflecting TDS on your income from a source other than salary. These could be interest from bank deposit or other securities, dividend, commission, fee from profession or technical services, lottery winning etc. Form 16A has to be issued once every quarter.

This form has 2 parts. The first part has details such as name, address, PAN of both the deductor and payee (whose income it is). It also has TAN of deductor, acknowledgement number of TDS from all quarters.

The second part of form 16A has details of tax payment, tax deducted and deposited in government's account. It shows amount paid and the breakup into TDS, surcharge and education cess, date on which tax is deposited and challan identification number.

Who issues form no 16A?

Each deductor would furnish a separate form 16A. If your FD attracts TDS the bank would issue form 16A. It is mandatory for deductors to furnish form 16A to you every quarter if TDS has been applied on your income.

Purpose of form 16A

Form 16A is a documentary proof that you have paid tax liable on you via TDS. While filing income tax return you can refer to it for putting in the details.

How to get form 16A?

Your deductor would provide form16A. You can view form 26AS which is a consolidated TDS certificate of form 16 and form 16A from TRACES website of the government. In addition you can verify form 16A at NSDL TIN website.

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