#Form 16

Step-by-step walk-through for salaried India: read Form 16 (Section 203 + Rule 31), reconcile with Form 26AS/AIS/TIS, pick ITR-1 (now allows two house properties + LTCG up to Rs.1.25L), choose new vs old regime, claim Sec 87A rebate (Rs.60K up to Rs.12L), and e-Verify in 30 days. Due 31 July 2026.