Tag: form 16

TDSMAN for financial year 2014-15 released

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TDSMAN (F.Y.: 2014-15) has been released with more features for the convenience of its users for both Regular Returns & Correction Returns. The software will support F.Y. 2014-15 and previous years starting from 2007-08. You… Read more »

Department notice to Tax Payers regarding Form 16/16A

The department has issued a notice to every Tax Payer stating that every tax payer should insist on getting Form 16/16A from their deductor downloaded only from TRACES website.  (http://www.tdscpc.gov.in)… Read more »

Deductor not responsible for non-mention PAN of Deductee in TDS Certificate

As per Income Tax rulings regarding issuing of Form-16 or 16A, deductors are not responsible for non-mention of payees PAN in it. In the other words we can say if… Read more »

Issuance of the TDS certificate (Form 16A)

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TDS certificate is a certificate of tax deduction of source (TDS) by the deductor to the deductee specifying therein the prescribed particulars like amount of TDS, permanent account number (PAN),… Read more »

Issuance of Form No. 16 (TDS Certificate for Salary)

Form No. 16 has to be issued annually by an employer (deductor) to its employees (deductee) in case of deduction made under section 192 (Salaries). It is to be noted… Read more »