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Showing posts with label Income Tax Form 16 Part B for F.Y.2017-18. Show all posts
Showing posts with label Income Tax Form 16 Part B for F.Y.2017-18. Show all posts

Tuesday 10 July 2018


Download & Prepare at a time 50 employees Form 16 Part B for Financial Year 2017-18 & Ass Year 2018-9.

The feature of this Excel Utility:-

1) This Excel Utility Can prepare at a time 50 employees Form 16 Part B for F.Y.2017-18

2) Easy to calculate the Tax on each employee

3) Easy to Instal in any computer and more than one computer

4) You can prepare more than 1000 employees Form 16 Part B [ One by One]

5) Automatic Convert the Amount into the In-Words ( without any Excel Formula)

6) All amended Income Tax Section have in this Utility as per Budget 2017-18.

7) Easy to generate & easy to calculate Income Tax

8) This Excel Utility can use both of Government & Non-Government Concerned for their employees.
Main Input Sheet for Employer & Employees
Salary Statement with Tax Section
Automated Form 16 Part B


Sunday 8 July 2018


The CBDT has already modified the Income Tax Form 16 in a new format and also circulated that Form 16 have in Two Parts. One is Form 16 Part A which is mandatory to download from the Traces Portal. In this Form 16 part, A has all the tax deposited amount.

Monday 4 June 2018


DEDUCTIONS FROM GROSS TOTAL INCOME (CHAPTER VI-A) UPDATED AS ON APRIL 1, 2017

Friday 30 March 2018

Form 16 and Form 12 BA are provided by the employer which was details about the employee's Salary and Value of Perquisite U/s 17(1) and 17(2) of Income Tax Rules, these are use while calculating Tax Liability and filling Income Tax Return where we look in to the details of Salary in Form 16 and the details of Value of Perquisite U/s 17(2) which provided by the employer to the employee which is shown in this Form 12 BA.

Saturday 24 March 2018


Section 80U and 80DDB provide tax benefits to individuals and their family members with disabilities. An individual suffering from disability himself gets tax benefit under section 80U while an individual gets tax benefits under section 80DDB if any dependent family member of the individual is suffering from a disability.

Thursday 8 March 2018

The deduction is available up to Rs. 30,000/- for senior citizens and up to Rs. 25,000/ in other cases for insurance of self, spouse, and dependent children. Additionally, a deduction for insurance of parents (father or mother or both) is available to the extent of Rs. 30,000/-, within the existing limit, a deduction of up to Rs. 5,000 for preventive health check-up is available.

Friday 23 February 2018

As the Income Tax Slab has already changed by the Finance Budget for the Financial Year 2017-18. 
Tax Rate up to Rs. 2.5 Lakh is NIL

Below Taxable Income 5 Lakh the Tax Rate @ 5% instead the previous financial year 2016-17 was @ 10%. Who's Taxable Income above 5 lakh the rate of Tax @ 20% below 60 years age.

The Income Tax Rebate has also reduce from 5 thousand to Rs. 2.500/- who's Taxable Income below 3.5 Lakh they can get this Tax Rebate. Other Section like as 80C has no changed in this Financial Year 2017-18.

Friday 19 January 2018