The Indian Income Tax Act requires a person making certain payments to withhold tax from the amount paid.

Income Tax Code Section 194J requires an individual to deduct her TDS when paying a resident for certain services. An example of a TDS deduction is an employer deducting her TDS before paying her salary. Income tax law requires an individual deducting TDS to issue her TDS certificate to the person from whom the TDS was deducted.

The TDS certificate serves as proof of tax payment. This TDS certificate allows the tax-deductible

Types of TDS Certificates

TDS Certificates come in four types: Form 16, Form 16A, Form 16B, and Form 16C.

person to claim the tax credit.

Didn’t receive a TDS receipt for the input tax credit? What can you do?

TDS credit will be reflected on Form 26AS. If there is a discrepancy between the amount of tax deducted and the tax credit amount on Form 26AS, consult with the withholding agent to correct it.

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