What is Form 130? Complete Details, Due Date & Everything You Need to Know (2026)

Whether you're a first-time taxpayer or a seasoned professional who files returns every year, understanding Form 130 is essential. It's not just a name change — the new form aligns with the completely restructured Income-tax Act, 2025, and Income-tax Rules, 2026. In this guide, we'll break down everything you need to know in plain language.

Quick Reference: Form 130 at a Glance

Detail	Information
Replaces	Form 16 (under I.T. Rules, 1962)
Applicable Act	Income-tax Act, 2025
Governing Rule	Rule 215(1), I.T. Rules 2026
Corresponding Section	Section 395(4)(b)
Issued By	Employer or Specified Bank
Due Date	15th June (following Tax Year)
Download From	TRACES Portal Only
Offline Issuance?	Not permitted

Form 130 is the official Tax Deducted at Source (TDS) certificate issued to salaried employees under the new Income-tax Act, 2025. It serves as your annual proof that your employer has deducted tax from your salary and deposited it with the Government of India.

Think of it as a detailed financial receipt — one that not only shows how much tax was deducted but also gives you a full picture of your gross salary, exemptions claimed, deductions availed, and the final tax payable for the year. Without it, you cannot properly claim TDS credit while filing your Income Tax Return.

!	KEY POINT Form 130 is not just a name change from Form 16. It is newly structured under the Income-tax Act, 2025, and must comply with Income-tax Rules, 2026. Employers must ensure they issue the correct form going forward.

This TDS certificate under section 395(4)(b) also applies to specified senior citizens who receive pension or interest income through a specified bank under section 393(1), making it relevant beyond just regular salaried employees.

Form 130 is divided into three main parts: Part A, Part B, and Part C. Understanding each part is important, especially if you've changed jobs during the year or have multiple sources of income.

PART A Employer & Employee Details This section covers the basic identification details of both the employer (or specified bank) and the employee (or specified senior citizen). Think of it as the cover page of your TDS certificate — names, PAN numbers, TAN of the deductor, address details, and the period of employment for which the certificate is issued.

PART B Summary of Tax Deducted Part B is the reconciliation section. It provides a summary-level view of the total amount paid or credited to you and the total TDS deducted and deposited on your behalf. This is what your employer cross-checks against the quarterly TDS statement filed in Form 138.

PART C Detailed Computation This is where the real detail lives. Part C has two annexures depending on your income type. It covers gross salary breakup, exemptions, deductions, taxable income, and final tax payable — everything you need to verify your tax computation before filing your return.

Annexure-I (For Salaried Employees)

Annexure-I under Part C is applicable when tax has been deducted from salary income under section 392. It provides a granular breakdown of your income — from gross salary to taxable income — and includes deductions under various provisions, relief under section 157, any TDS or TCS already paid, and the net tax payable figure. This is the section most salaried professionals will refer to when filing their Income Tax Return.

Annexure-II (For Specified Senior Citizens)

Annexure-II is specifically for specified senior citizens covered under section 393(1). It captures pension income, interest income under the head 'Other Sources' from a specified bank, eligible deductions, total taxable income, and the final tax position. This annexure is issued exclusively by the specified bank — not the employer.

The responsibility of issuing Form 130 falls squarely on the employer or the specified bank, depending on the nature of income. If your employer deducts TDS from your salary under section 392, they must issue Form 130. Similarly, specified banks deducting tax on pension or interest income for senior citizens under section 393(1) are required to issue the certificate.

!	MANDATORY REQUIREMENT Issuance of Form 130 is not optional. Once tax has been deducted and deposited, the deductor is legally obligated to issue this certificate to the deductee. Failing to do so is a violation of the Income-tax Act, 2025.

There's also an important prerequisite: the employer must have filed the quarterly TDS statement in Form 138 before Form 130 can be generated. The certificate is automatically produced by the system upon processing of these quarterly returns — you cannot manually create one and call it valid.

This is one of the most significant operational points about Form 130: it cannot be issued offline under any circumstances. The employer or specified bank must log in to the TRACES portal (TDS Reconciliation Analysis and Correction Enabling System), download the certificate from there, and then provide it to the employee — either with a digital signature or a manual signature.

Any certificate prepared through any other method — whether a custom Excel sheet, a third-party software, or a manually drafted document — is not legally recognized as a valid TDS certificate under Form 130. This rule is non-negotiable, so make sure you always receive your certificate via the official TRACES-downloaded version.

The due date for your employer (or the specified bank) to issue Form 130 is 15th June of the Financial Year immediately following the Tax Year in which income was paid and tax was deducted.

For example, if your salary for Tax Year 2025-26 had TDS deducted, your employer must issue Form 130 to you by 15th June 2026. If you haven't received it by this date, you should follow up with your HR or payroll team — and if needed, you can raise a grievance through official tax channels.

Errors in your TDS certificate can lead to mismatches when you file your return, potentially triggering notices from the Income Tax Department. So what do you do if you spot an error?

The correction process flows through the employer. Your employer must first file a revised TDS statement in Form 138 with the correct details within the prescribed time limit. Once this revised statement is processed by the system, the corrected Form 130 becomes available for download from TRACES. The employer can then issue the updated certificate to you.

As an employee, it's a good practice to verify your Form 130 details against your salary slips and Form 26AS as soon as you receive it, so corrections can be sought in time — well before you file your Income Tax Return.

Changed jobs during the year? You're not alone, and the rules accommodate this situation well. If you were employed with more than one employer in a single Tax Year, each employer is required to issue a separate Part A and Part B of Form 130 for the period you worked with them.

Who Issues Part C in a Job-Change Scenario?

Part C (Annexure-I) — the detailed tax computation — can be issued either by each individual employer or by your last employer, and this is actually the employee's choice. If you ask your last employer to consolidate everything, they can do so. However, Part C (Annexure-II) relating to specified senior citizens is always issued by the specified bank and not by any employer.

If you've lost your original Form 130, your employer can also issue a duplicate certificate, though they are required to clearly mark it as "Duplicate" on the face of the document.

No — and this is a relief for many taxpayers. You do not need to attach Form 130 with your Income Tax Return. The Indian income tax filing system is largely paperless, and the TDS credit is already pre-populated in your return from the data available in Form 26AS and the Annual Information Statement (AIS).

However, it is strongly advisable to preserve your Form 130 for your own records. In case of a tax notice, scrutiny assessment, or any dispute with the department, your Form 130 is the primary documentary evidence of TDS deducted on your behalf. Keep it safely for at least six to seven years.

Q: Is Form 130 the same as the old Form 16? Form 130 directly replaces Form 16 under the new Income-tax Act, 2025, and Income-tax Rules, 2026. The purpose is the same — a TDS certificate for salary income — but the structure, section references, and form rules have been updated to match the new legislation.

Q: Can an employer create Form 130 without filing TDS returns? No. The quarterly TDS statement in Form 138 must be filed first. Form 130 is generated only after this statement is processed — it cannot exist independently without the underlying TDS filing.

Q: What happens if I receive Form 130 late? If your employer misses the 15th June due date, they may be liable for penalties under the Income-tax Act. As an employee, you should formally request the certificate and document your communication. Penalties for late issuance can be levied on the deductor.

Q: Can I download Form 130 myself from TRACES? Form 130 must be downloaded by the deductor (employer or bank) from TRACES and then provided to you. Employees do not directly download it themselves — it needs to be signed (digitally or manually) by the employer and issued to you.

Q: Is Form 130 relevant for freelancers or self-employed individuals? Form 130 specifically covers TDS on salary income under section 392 and pension/interest income under section 393(1) for senior citizens. Freelancers and self-employed individuals receive TDS certificates in other forms — typically Form 131 (the equivalent of the old Form 16A) for non-salary TDS deductions.

Wrapping Up Form 130 might be a new name on paper, but its core purpose remains unchanged: it's your annual proof that tax on your salary has been properly deducted and deposited with the government. Whether you're a regular salaried employee or a senior citizen receiving pension from a specified bank, this certificate is a critical document in your tax journey. The key things to remember: your employer must issue it by 15th June, it can only be downloaded from TRACES, you don't need to attach it to your ITR but you should keep it safely, and if there are any errors, the correction route goes through a revised Form 138 filing. Stay on top of your Form 130, cross-check it with your salary slips and AIS, and you'll have a smooth, hassle-free tax filing experience every year.