Download Automated Master of Form 16 Part B with 12 BA for Financial Year 2015-16 [ This Excel Utility can prepare at a time 50 employees Form 16 Part B with 12 BA for Assessment Year 2016-17 with all latest amended by the Finance Bill 2015-16]
Notification No.11/2013 of CBDT about New format of Form 16 Part A & B
Most of the employee and the various concerned have yet not known that the Format of Form 16 have already Changed and also the Form 16 Part A is Mandatory to download from the TRACES Portal (www.tdscpc.gov.in). In this light here is give below the Notification of the CBDT.
Highlights
The Form 16 recently notified1 had two parts – Part A and Part B. Part A contains details of tax deducted and remitted and Part B contains details of income. The Central Board of Direct Taxes (CBDT) has now notified that Part A of Form 16 containing the Unique Identification Number will be issued by the employer by generating and subsequently downloading the same from the TRACES2 (TDS Reconciliation Analysis and Correction Enabling System) Portal.
Key Requirements
Employer to download Part A of the Form 16 from the TRACES Portal and authenticate the correctness of the contents mentioned therein before issuing to the employee. Part B of the Form 16 will be prepared manually and issued to the employee after due verification. Part A and B can be either digitally or manually signed.
Form 16 to be issued by the employer containing both Part A and B by 31 May 2013. Form 16 issued in the manner prescribed and containing Unique Identification Number will only be considered to be valid.
The Director General of Income-tax (Systems) will specify procedure, formats and standards for downloading Part A of Form 16 and will be responsible for the day to day administration
Form 16 Part B ( where the employees Salary Details)
In this Notification also it is Mandatory to prepare the Form 16 Part B where given the employees Salary Details, must be prepare by the Employer. In this Regard below given a unique Excel Based Software which can prepare your Form 16 Part B with 12 BA , you can prepare by this Excel Based Software more than 1000 employees form 16 Part B with 12 BA. Download the Excel Based Automated Form 16 Part B with 12 BA for Financial Year 2015-16 from the below link:-
Download Automated Master of Form 16 Part B with 12 BA for Financial Year 2015-16 [ This Excel Utility can prepare at a time 50 employees Form 16 Part B with 12 BA for Assessment Year 2016-17 with all latest amended by the Finance Bill 2015-16]
