Form 16 Part-B Meaning | What is Form 16 Part-B? | UBS

Form 16 Part B contains a small print that an employee needs to file an income tax return. Form 16B is a TDS certificate that shows the amount of tax deducted at the source during a property purchase. Unlike Form 16 and Form 16A, this type verifies the TDS applicable to the sale proceeds of the property. This Form is issued by a buyer to the seller.