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Form 16 Generator

Form 16 Generator

Generate Form 16 (Part A & Part B) with salary breakdown, Chapter VI-A deductions, and tax computation

📋 Employee & Employer Details

💰 Salary Details

Section 10 Exemptions
Section 16 Deductions

📖 Chapter VI-A Deductions

🏦 Tax Computation

Form 16 Info: Form 16 is a certificate issued by the employer under Section 203 of the Income Tax Act, confirming TDS has been deducted from the employee's salary. Part A contains employer/employee details and TDS summary. Part B contains detailed salary breakdown, exemptions, deductions, and tax computation. It is mandatory for employers to issue Form 16 by 15th June of the assessment year.

About Form 16 Generator

The Form 16 Generator creates compliant Form 16 (TDS certificate) for employees as per Income Tax Act requirements. Form 16 is a certificate issued by the employer under Section 203, certifying that TDS has been deducted from the employee's salary and deposited with the government. It contains salary details, deductions claimed, tax computed, and TDS deducted. This document is essential for filing income tax returns and is mandatory for employers to issue by June 15 each year.

Form 16 has two parts — Part A (downloaded from TRACES portal with employer and employee PAN details, TDS deposited quarterly) and Part B (prepared by the employer with salary breakup, deductions under Chapter VI-A, and tax computation). Our generator handles Part B preparation with all salary components, HRA exemption, Section 80C/80D/80CCD deductions, and both old and new regime tax computation for FY 2026-27.

Key Features

  • Complete Form 16 Part B generation
  • Old and New tax regime computation
  • All Chapter VI-A deductions included
  • HRA exemption calculation
  • Print and download as PDF

Frequently Asked Questions

When should Form 16 be issued by the employer?

Form 16 must be issued by the employer on or before June 15 of the financial year immediately following the financial year in which the income was earned and TDS was deducted. For FY 2026-27, Form 16 must be issued by June 15, 2027. Failure to issue Form 16 can result in a penalty of ₹100 per day under Section 272A until the certificate is issued.

Can I file ITR without Form 16?

Yes, you can file your income tax return without Form 16 by using your salary slips, bank statements, and Form 26AS/AIS to compute your income and TDS. However, Form 16 makes the process much easier as it contains all the necessary details in a standardized format. If your employer has not issued Form 16, you should request it and also check Form 26AS for TDS credit.

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