Form 16 vs Form 16A FY 2024-25: Key Differences You Must Know Before Filing ITR

As the Income Tax Return (ITR) filing season for FY 2024-25 kicks off, salaried professionals, freelancers, and business owners are busy gathering essential documents. Among these, Form 16 and Form 16A are critical for accurately reporting income and claiming deductions. Despite sounding similar, these forms serve different purposes, apply to different taxpayer categories, and contain…