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Download Automated Revised Excel Based Income Tax Salary Certificate Form 16 Part B for the F.Y. 2019-20

Under Section 203 of the Income-tax Act, 1961, Every employer whether in Government sector or in the private sector, is required to issue in form 16, a certificate for tax deducted at source  (TDS) from salary. Form 16 contains the computation of the income, allowable deductions and rebates, income-tax payable along with details of tax deducted and deposited by the employer.

Please note, CBDT has, vide Notification No.36/2019 dated 12th April 2019 revised the format of Part-B of Form 16 to be issued by the employer. The revised format is applicable from 12.05.2019

Issue of Form 16:
The certificate is required to be furnished by the 31st day of May after the close of the relevant Financial Year. The employer may issue a duplicate certificate in Form 16 if the deductee has lost the original form-16 and makes a request for issuance of duplicate one. The duplicate certificate must be certified as duplicate by the deductor.

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 Employees Form 16 Part B in New Format for A.Y. 2020-21]

 The main feature of this Excel Utility:-

1)   Prepare At time 100 Employees  Excel Based  Form 16 Part A&B ( Modified Format of Form 16 Part B Vide CBDT Notification No.36/2019 Dated 12/04/2019 ]

2)   All the Amended Income Tax Section have in this utility as per Budget 2019

3)   You can print individual Form 16 Part Part B

4)   Most easy to install just like an Excel File

5)   Easy to Fill all column

6)   Automatic Convert the Amount to the In-Words

Form 16 Parts
As per CBDT Circular No. 04/2013 dated 17th April 2013, issue of form 16 for deduction of tax at source made on or after 01-04-2012 shall be in two parts as under:

Part-A

Part A of Form No. 16 contains the details of the tax deposited and is required to be downloaded from TDS Website (TRACES), and can be issued by the employer by manually signing or under a digital signature. Thus Part A of Form No. 16 shall be issued by all the deductors, only by generating it through TRACES Portal and after duly authenticating and verifying it.

Part-B
Part B of the Form contains the computation of the total income of the employee including the details of deductions and rebates allowed. Form 16 is required to be prepared by the deductor employer manually and issued to the deductee employee along with Part A of the Form No. 16.

Please note, CBDT has, vide Notification No.36/2019dated 12th April 2019 revised the format of Part-B of Form 16 to be issued by the employer. The revised format is applicable from 12.05.2019

Read more income Tax Software

Download And Prepare At a Time 100 Employees  Automated Income Tax Form 16 Part A&B (Modified Format) [This Excel Utility Prepare At a time 100 Employees Form 16 Part A&B in New Format for A.Y. 2020-21]

 The main feature of this Excel Utility:-

7)   Prepare At time 100 Employees  Excel Based  Form 16 Part A&B ( Modified Format of Form 16 Part B Vide CBDT Notification No.36/2019 Dated 12/04/2019 ]

8)   All the Amended Income Tax Section have in this utility as per Budget 2019

9)   You can print individual Form 16 Part Part A&B

10)                     Most easy to install just like an Excel File

11)                     Easy to Fill all column

12)                     Automatic Convert the Amount to the In-Words

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