ITR Filing 2025: Filing income tax will be easy with digital Form 16, know its benefits..

If you file an income tax return, then you will know how much effort you have to make to calculate the salary, tax saving deduction, and TDS of the whole year. Still, many times people make some mistakes while filling out ITR, but now Digital Form-16 will make your ITR filing process easier.

After Digital Form 16, filing your Income Tax Return (ITR) will not be such a difficult task, it has been brought to make this process easier. This digital document issued by your company contains information about salary and all tax deductions, which you can upload directly to the tax filing platform.

What is Digital Form 16? (WHAT IS DIGITAL FORM 16?)
If you do not know about Digital Form 16, then let us tell you that it is an electronic version of the traditional Form 16. It is generated directly from the TRACES portal, which is managed by the Income Tax Department. This means that all information such as your salary details, TDS, and tax-saving deductions are entered accurately.

Digital Form 16 makes the process of tax filing easier and more accurate. Because it is taken directly from the official records, there is less chance of any error or mismatch in your return.

Benefits of Digital Form 16

Can be easily uploaded

You can easily upload it on most tax-filing websites. The system automatically fills in the necessary details like your salary, TDS, and deductions.

Time-saving

This not only saves your valuable time but also speeds up the refund process. Moreover, it is also safe as digital Form 16s are usually password protected and stored securely using globally recognized data protection standards.

Beneficial for those working in multiple companies

If you have changed jobs in a financial year and have received more than one Form 16, the digital version makes it easier. You just upload both forms, and the system will automatically merge the details, there is no need to add them manually.

It also has an environmental benefit, by using digital forms instead of printed forms, we can save a lot of paper.

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