New Delhi, June 15 -- As per income tax rules, employers are required to issue Form 16 to salaried employees by 15 June for every financial year. However, receiving this document does not mean that you should immediately proceed with ITR filing.

Form 16 forms the basis of income reporting in ITR. It is important to verify the details mentioned in it, including total income, tax deducted at source (TDS), exemptions, and deductions claimed during the financial year.

Let's understand the key details you should review in your Form 16.

Form 16 is a TDS certificate issued by an employer to an employee when tax has been deducted from salary under Section 192 of the Income Tax Act.

The certificate is divided into two sections. Part A contains...