Explanation
Form 16 (to be called Form 130 under IT Rules 2026 from TY 2026-27) has two parts: Part A — TDS deducted and deposited by the employer (quarter-wise, downloadable from TRACES). Part B — Breakdown of salary income, exemptions (HRA, LTA), and deductions (80C, 80D). A CA should check: (1) PAN in Form 16 matches the employee's PAN. (2) TDS in Part A matches the credit in Form 26AS/AIS. (3) Salary breakup is consistent with salary slips. (4) All exemptions claimed (HRA, LTA) are supported by rent receipts/travel bills. (5) If the TDS in Form 16 is less than the correct liability, the employee must pay the balance as self-assessment tax before filing. Verify on the income-tax portal before filing.