What it means
An employer who deducts tax from salary must give the employee a certificate after the year ends. Part A comes from the department’s TDS system and lists the employer’s TAN, the employee’s PAN and the tax deposited each quarter. Part B shows the salary break-up, exemptions, deductions and tax worked out. The Income-tax Rules, 2026 renumber the certificate as Form 130, a certificate under section 395 for tax deducted from salary under section 392 of the Income-tax Act, 2025, for tax year 2026-27 onwards; Form 16 still covers 2025-26.
Example
Ravi Kumar earned ₹6,00,000 at Kaveri Agencies in 2025-26 and ₹18,000 TDS was deducted over the year.
| Item | Detail |
|---|---|
| Certificate for 2025-26 | Form 16, due by 15 Jun 2026 |
| Part A | TDS of ₹18,000 deposited across four quarters |
| Part B | Salary, deductions and tax of ₹18,000 |
| Certificate for 2026-27 | Form 130, expected by 15 Jun 2027; check the date in the Income-tax Rules, 2026 |
Ravi checks Part A against his tax credit statement before filing his return.
Common mistakes
- Issuing Part B without the TDS returns having been filed, so Part A cannot be generated.
- Salary figures that differ from the quarterly TDS returns.
- Wrong PAN, so the credit does not reach the employee.
In MyRecords
Form 16 is not built yet; MyRecords shows the 15 June due date as a reminder, and the certificate is on the roadmap. Today the pay run works out salary TDS, prepares the 24Q text file for quarters up to March 2026, and from April 2026 gives Form 138 (earlier 24Q) Part B and Annexure I as an Excel layout to key in.