Revision of due date to issue Form 16
Form 16A for non salary deduction is to be issued within 15 days of filing the quarterly returns. However as per the Income Tax department in case of Form 16… Read more »
Tag: form 16
Frequently Asked Questions (FAQ) on Form 16/16A
What is Form 16 / 16A? It is the certificate of deduction of tax at source by any person in accordance with Chapter XVII-B of IT Act. Form 16 is issued… Read more »
Steps for requesting Form 16
The procedure for requesting Form 16 from TRACES website has been given below: From FY:18-19 onwards, the Income Tax department is now providing both Part A and Part B of… Read more »
Different matching statuses in Form 16 / Form 16A
Following are different matching statuses in Form 16 / Form 16A: U-Unmatched (Deductor has not deposited taxes or has furnished incorrect particulars of tax payment. Final credit will be reflected… Read more »
Guidelines for an employer to deduct TDS and issue Form 16
Following are the guidelines for an employer to deduct TDS and issue Form 16: Make mandatory for all the employees to declare previous salary, investment proofs and TDS details, if… Read more »
Issue TDS certificates by 30th May to avoid penalties
Last date for issuance of TDS certificates for Q4 of FY: 2015-16: 1) Form 16A (Non Salary) – 30th May, 2016 2) Form 16 (Salary) – 31st May, 2016 Delay… Read more »