Category: Income Tax Revised Form 16 Part B

New Format of Form 16 for A.Y. 2020-21 With Automatic Excel Based Income Tax Form 16 Part B and Form 16 Part A&B in Revised Format.

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[ad_1] The CBDT or Central Board of Direct Taxes has notified a new format for Form 16. This requires the break up of the Tax-Exempt Allowances paid to the employee and also of all tax breaks claimed by them. In the previous format allowed the companies to give consolidated figures or break-up in different formats for both, thereby leaving some ambiguity regarding their individual composition. Download And Prepare At a Time 100 Employees  Automated Income Tax Form 16 Part B (Modified Format) [This Excel Utility Prepare At a time 100…