The CBDT completely changed the Format of Form 16 and there have in two parts One is Part A and another One is Part B. This Format of Form 16 have changed vide Notification dated on 19/2/2013. In Form 16 Part A have the all details of tax deducted and-and credited into the Central Govt and another Form 16 Part B where the Employee's Salary details. In this Form 16 Part B there have not any column to where you can put the employees Name or Pan Number. Look the below Snap Shot of Form 16 Part B:-
This Form 16 Part B must be prepare by the Employer where the found details of Salary of Employee.
If you prepare the Form 16 Part B then where you can mention the employees Identity like as Name of Employee and Pan Card Number. It is most hazard to identify to who's Form 16 Part B is prepared ?
But the Form 16 Part A where have only the Tax Deducted and Deposited into the Central Govt The Form 16 part A is Mandatory to Download from the TRACES Portal (www.tdscpc.gov.in)
The Snap Shot of Form 16 Part A is given below,Look the Snap Shot of Form 16 Part A:-
Feature of those Utility:-
- Automatic Calculate the Income Tax
- Automatic Prepare the Form 16 Part B
- Automatic Prepare the Form 16 Part A&B and Part B
- Automatic prepare 50 employees Form 16 Part B ( prepare at a time 50 employees Form 16)
- Prevent the Double entry of PAN and Name of Employee
- Automatic Convert the Amount in to the In Words
- Easy to Install in any computer
- Easy to Generate in any Version 2003 OR 2007 OR 2010
