Form 130 Income Tax Rules 2026 pdf download
Form 130 Income Tax Rules 2026 pdf download
FORM NO. 130
[See rule 215(1)[Table: Sl. No. 1]]
Certificate under section 395 for tax deducted at source on salary paid to an employee under section 392 or
pension or interest income of specified senior citizen under section 393(1) [Table: Sl. No. 8(iii)]
Form No. 130 is the new official Tax Deducted at Source (TDS) certificate for salary income under the Income-tax Act, 2025, effectively replacing the old Form 16. It is Notified as per rule 215(1) of the Income Tax Rules 2026
Here are the key points regarding Form 130 based on the new tax framework:
- What is Form No. 130 and its utility?
Ans: Form No. 130 is a certificate for Tax Deducted at Source (TDS) issued annually by an employer to a salaried employee or a pensioner. It provides a detailed summary of the salary earned, tax deducted and deposited, and applicable deductions. It certifies and serves as proof that tax has been deducted from salary income and
deposited with the Government. It also applies to interest income earned by specified senior citizens as per provisions of section 402(39) of the Income-tax Act, 2025. Such certificate enables the deductee to claim credit of TDS deducted and deposited on their behalf by the deductor - Applicability: It applies to TDS deducted on salary income starting from the Tax Year 2026-27 (i.e., for salary paid from April 1, 2026 onwards). For salary paid up to March 2026 (FY 2025-26), employers will continue to issue the old Form 16.
- Issuance Deadline: Employers (deductors) are required to issue Form 130 to their employees by June 15th of the year following the relevant tax year. For instance, for the Tax Year 2026-27, the certificate must be issued by June 15, 2027.
- Authentication: Deductors have the option to use digital signatures to authenticate and issue Form 130.
- Duplicate Copies: If the payee (employee) loses the original certificate, they can request a replacement. The deductor is legally permitted to issue and certify a duplicate copy of Form 130.
- Notes on Annexure I of Form 130
1. Part C (Annexure-I) of the certificate in Form No. 130 may be issued by each of the employers or the last employer
at the option of the assessee.
2. Deductor shall duly fill details, where available, in item numbers 2(c) and 10(h) before furnishing of Part C
(Annexure-I) to the employee.
3. Amounts to be filled in ₹ unless otherwise provided.
- Notes on Annexure II of Form 130 : Notes:
1. Part C (Annexure-II) of the certificate in Form No. 130 may be issued by the specified bank to a specified senior
citizen.
2. Amounts to be filled in ₹ unless otherwise provided.
Download Form 130 format in PDF
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FAQs on form No 130 Inome Tax Rules 2026
- Here are the complete FAQs regarding the new Form No. 130 under the Income-tax Act, 2025 and Income Tax Rules, 2026:
1. What is Form No. 130 and its utility?
Form No. 130 is an annual Tax Deducted at Source (TDS) certificate issued by an employer to a salaried employee, or by a specified bank to a pensioner or specified senior citizen. It provides a detailed summary of the income earned, tax deducted, and applicable deductions. It serves as proof that tax has been deducted and deposited with the Government, enabling the deductee to claim credit for that TDS.
2. Which earlier form is replaced by Form No. 130?
It completely replaces the old Form 16 that was issued under the Income-tax Rules, 1962.
3. What are the different parts of Form No. 130? The form is structured into three main parts:
- Part A: Contains the basic details of the deductor (employer / specified bank) and the deductee (employee / specified senior citizen).
- Part B: Contains a summary-level reconciliation of the amount paid or credited and the tax deducted at source.
- Part C (Annexures): This is the detailed computation section.
- Annexure-I is for salaried employees. It includes the break-up of gross salary, exemptions, deductions, total taxable income, tax payable, relief under section 157, and net tax payable.
- Annexure-II is for specified senior citizens. It includes pension income details, interest income paid by the specified bank, deductions, and net tax payable.
4. Who should issue Form No. 130 and is it mandatory?
The employer or the specified bank responsible for deducting the tax must issue it. Yes, it is strictly mandatory to issue Form No. 130 once the tax has been deducted and deposited.
5. What is the due date for issuing Form No. 130?
The deductor must issue Form No. 130 by 15th June of the financial year immediately following the tax year in which the income was paid and the tax was deducted.
6. Can Form No. 130 be prepared offline or without filing a TDS statement?
- No to offline preparation: The employer or bank must mandatorily download the form directly from the TRACES website and sign it digitally or manually. Any certificate prepared through another offline mode or software is not a legally valid TDS certificate.
- No to issuing without a TDS statement: A quarterly TDS statement (Form No. 138) must be filed first. Form No. 130 is generated solely as a result of processing these quarterly statements.
7. If there is a mistake in Form No. 130, can corrections be made?
Yes. If a correction is needed, the employer must file a revised TDS statement (Form No. 138). Once the revised statement is processed, the employer can download and issue the corrected Form No. 130.
8. Can an employee receive multiple Form No. 130s in a single Tax Year?
Yes. If an individual was employed with more than one employer during the year, each employer is required to issue a separate certificate (Part A & B) for that specific period of employment. The detailed computation part (Part C – Annexure-I) can be issued either by each employer or just by the last employer, depending on the employee’s option.
9. Can a duplicate certificate be issued if the original is lost?
Yes. If the deductee loses the original Form No. 130, the deductor can issue a duplicate. However, the deductor must explicitly mention on the certificate that it is a duplicate.
10. Do I need to attach Form No. 130 with my income tax return?
No, you do not need to attach it to your return of income, but you must preserve it safely for your records.
FAQs on form No 130 Inome Tax Rules 2026 as per Income tax Webiste
1. What is Form No. 130 and its utility?
Ans: Form No. 130 is a certificate for Tax Deducted at Source (TDS) issued annually by an employer to a salaried employee or a pensioner. It provides a detailed summary of the salary earned, tax deducted and deposited, and applicable deductions. It certifies and serves as proof that tax has been deducted from salary income and deposited with the Government. It also applies to interest income earned by
specified senior citizens as per provisions of section 402(39) of the Income-tax Act, 2025. Such certificate enables the deductee to claim credit of TDS deducted and deposited on their behalf by the deductor.
2. What are the different parts of the Form No. 130?
Ans: Form No. 130 has three parts, viz. Part A, Part B and Part C.
Part A contains details of the employer / specified bank and details of the employee
/ specified senior citizen to whom such certificate in Form No. 130 is to be issued.
Part B contains details ofsummary-level reconciliation of amount paid/credited and
tax deducted at source.
Part C has two annexures i.e. Annexure-I and Annexure-II:
a) Part C (Annexure-I) is applicable where tax is deducted from salary income of employees under section 392. It contains a detailed computation of taxable income like Break-up of Gross Salary, Exemptions, Deductions, Total Taxable Income, Tax Payable, Relief under section 157, TDS/TCS paid, Net Tax Payable, etc.
b) Part C (Annexure-II) applies specifically to specified senior citizens where tax is deducted under section 393(1) [Table: Sl. No. 8(iii)]. It includes Pension Income details, Interest Income under the head “Other Sources” paid by the specified bank, Deductions, Total Taxable Income, Tax Payable, Relief under section 157, Net Tax Payable, etc.
3. Which earlier form is replaced by Form No. 130?
Ans: Form No. 130 replaces Form 16 issued under the Income-tax Rules, 1962.
4. Who should issue Form No. 130?
Ans: The employer or specified bank responsible for deducting tax under sections 392 or 393(1) [Table: Sl. No. 8(iii)] respectively is required to issue TDS certificate using Form No. 130.
5. Is it mandatory for the deductor to issue Form No. 130?
Ans: Yes. Issuance of Form No. 130 is mandatory once tax has been deducted and deposited.
6. Can Deductor issue Form No. 130 to the deductees issued without having filed TDS statement?
Ans: No. Quarterly TDS statement must be filed for the certificate to be generated and issued. This form is generated as a result of processing of quarterly TDS statements in Form No. 138 and supporting annexures.
7. Can Form No. 130 be issued offline?
Ans: No. The employer or specified bank must mandatorily download it from the TRACES website and provide the same to the deductee after signing it digitally or manually. The certificate prepared by the employer or specified bank through any other mode/process will not be a legal or valid TDS certificate in Form No. 130.
8. What is the due date for issuing Form No. 130?
Ans: The due date for issuance of Form No. 130 is by the 15th June of the Financial Year immediately following the Tax Year in which the income was paid and tax was deducted.
9. If there is a mistake in Form No. 130, can corrections be made?
Ans: If any correction is required in Form No. 130, the employer must file a revised TDS statement in Form No. 138, within the stipulated time. Once the revised TDS statement is processed, the employer can download and issue the corrected Form
No. 130 to the employee.
10. Is Form No. 130 required to be attached with the return of income?
Ans: No. It is not required to be attached with the return of income but must be preserved for purpose of records.
11. Can multiple Form No. 130 be issued for a given Tax Year?
Ans: Yes. In case a person was employed with more than one employer, then each employer is required to issue a separate certificate (Part A & B of Form No. 130) for the respective period of employment. However, Part C (Annexure-I) can be issued either by each employer or the last employer, at the option of the employee and Part C (Annexure-II) is required to be issued by Specified Bank to a Specified
Senior Citizen.
12. Can a duplicate certificate be issued by the deductor?
Ans: Yes. Deductor can issue a duplicate certificate in Form No. 130 if the deductee has lost the original certificate. However, deductor must mention on the certificate that it is a duplicate one.
- Form No. 130 – Frequently Asked Questions (FAQ)
Also Read ITR filing Last Date FY 2025-26 AY 2026-27 I ITR filing Due date AY 2026-27
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