<ul data-eligibleForWebStory="false"><li>Form-16 is a crucial document for salaried employees to claim deductions and refunds during income tax filing.</li><li>The Form-16 consists of two parts: Part A displays TDS details, and Part B highlights the salary breakup, allowances, and deductions eligibility.</li><li>Steps after receiving Form-16 include verifying PAN, salary, and TDS details, checking salary breakup for deductions, comparing with Form 26AS, ensuring accurate taxable income, addressing discrepancies with the employer, and filing ITR using Form 16 details.</li><li>It is essential to match the details in Form 16 with Form 26AS to ensure correct tax filing and reach out to the employer in case of any discrepancies for timely resolution.</li></ul>

Got Your Form 16? Things You Should Do Next: A Step-By-Step Guide

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