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Showing posts with label Automated Income Tax Form 16 Part B for A.Y. 2019-20. Show all posts
Showing posts with label Automated Income Tax Form 16 Part B for A.Y. 2019-20. Show all posts

Tuesday 25 June 2019

Can I claim Tax Benefit for both HRA & Home Loan? – A question which is often asked by many taxpayers. This is mainly because many employers do not allow both tax benefits together in certain situations. Unfortunately, this is NOT the right thing to do.
Both HRA and Home Loan Interest tax sections are unrelated. You claim tax benefit on HRA (House Rent Allowance) under section 10(13A) while the tax benefit on payment of interest on home loan comes under section 24(b). However, there can be issues if both the sections are used together with the intent of tax evasion.
We can have four situations for people claiming HRA & Home Loan tax benefit.

Tuesday 4 June 2019


The CBDT has changed the format of Income Tax Form 16 Part B for the Financial Year 2018-19 since the 12 May  2019. This Format is more explore the employee’s Salary Details.

Friday 31 August 2018

Click here to Download & Prepare at a time 50 Employees Automated Income Tax Form 16 Part-B for F.Y.2018-19 & Ass Year 2019-20

[This Excel Based Software can prepare at a time 50 employees Form 16 Part B for the Financial Year 2018-19 and Assessment Year 2019-20.]