Form-16 is a Certificate issued by an employer to employees which helps them in preparing and filing Income Tax Return. It has 2 Components:
(1)Part A : Components of Part A are:

(i)Name and Address of the Employer

(ii)Tan and Pan of the Employer

(iii)Pan of Employee

(iv)Summary of Tax deducted and deposited quarterly, which is certified by the Employer.

(2)Part B : Components of Part B are:

(i)Detailed Breakup of Salary

(ii)Detailed Breakup of Exempted Allowance

(iii)Details of Deductions Allowed Under Chapter VI-A