Form 130: Meaning, Components and How to Use It#
What is Form 130?#
Form 130 is a certificate issued by employer showing TDS deducted from salary.
Components of Form 130#
Part A:#
- Employer details (TAN, name, address)
- Employee details (PAN, name)
- Period of employment
- TDS summary (quarterly)
Part B:#
- Salary breakdown
- Allowances
- Deductions
- Tax computation
- Tax paid details
How to Download#
- Visit TRACES portal
- Click 'Download Form 130'
- Select assessment year
- Enter TAN
- Verify and download
Parts of Form 130#
Part A (Quarterly):#
- TDS deducted
- TDS deposited
- Challan details
Part B (Annual):#
- Gross salary
- exemptions (HRA, LTA)
- Deductions (123, 126)
- Taxable income
- Tax deducted
- Tax paid
Using Form 130 for ITR#
- Verify with Form 26AS
- Use Part B for ITR filing
- Check all deductions claimed
- Ensure tax matches