The CBDT has already changed the Format of Form 16 dated on 19/2/2013. In this Format have two part. Part A which found the Tax Deducted At Source and deposited in to the Central Govt Account and another Part B which is found the details of employee's Salary. This Part B is mandatory to prepare by the employer. This Part A is mandatory to download form the Income Tax TRACES Portal.
Most of Employer or deductor yet not well known about this new Format of form 16. Also you most of employer could not able to download the Form 16 Part A from the TRACES portal.
Who have not able to download the Form 16 Part A from the TRACES Portal, they can use this below given both in one file Form 16 Part A&B in New Format of Form 16.
The below given Excel Based Software can prepare at a time 50 OR 100 employees Form 16 Part A&B for the Financial Year 2015-16 and Assessment Year 2016-17. This Utility can use both of Govt and Non Govt Concerned.
Feature of this Utility:-
- Automatic Calculate the Income Tax of each employee
- Automatic Prepare the Form 16 Part A&B in New Format
- Automatic Convert the Amount in to the In Words
- Prevent the Double entry of PAN No and Name of Employee
- Govt and Non Govt Concerned can use this utility
Deductor Sheet
Deductor Sheet
Salary Structure for Govt & Non Govt Employees
Salary Structure for Govt & Non Govt Employees
Form 16 Part A&B
Form 16 Part A&B
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